Wallet War Between Paytm And Whatsapp | Paytm Vs Whatsapp | Indianadda | Wallet War

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Wallet War Between Paytm And Whatsapp | Paytm Vs Whatsapp | Indianadda | Wallet War

Wallet War Between Paytm And Whatsapp

Trade between US-China firms are not limited to their respective countries.Fresh companies are making strong efforts to achieve over and over in the Indian market. Both countries compete for the dominance of Indian digital payments. Industry sources believe that Whatsapp, the American messaging application that uses the most users on one side, and on the other hand, will have a strong competition between the country’s payment service giant PAYTM  . International organizations have been focusing on digital transactions in India after demonitization. The tech giant Google specifically introduced the payment app into the market. Retail company introduced Amazon’s own wallet. According to the Association of Industry Industries Association, RNCVOS. Desi mobile wallet transactions worth Rs 154 crore in 2016 It is expected to increase to Rs 275 lakh crore by 2022. 

Paytm Overall Market

The legends are competing to get opportunities in this market. The PAYTM  , which has been in the forefront of the rest, continues to dominate this segment. PAYTM    is the largest mobile payments company with over 30 million users and 33% market share. The tech giant Google is slowly in this section. In September 2017, the company opened the Payments service under the name of Google Pay. Industry believes that the situation is different if it began before the cancellation of big banknotes. The number of active monthly active users was 1.4 crore a year ago, as against 4.5 billion in March this year. It is expected to rise to 275 lakh crore. The legends are competing to get opportunities in this market. The PAYTM   which has been in the forefront of the rest, continues to dominate this segment. PAYTM  is the largest mobile payments company with over 30 million users and 33% market share. The tech giant Google is slowly in this section. In September 2017, the company opened the Payments service under the name of Google Pay. Industry believes that the situation is different if it began before the cancellation of big banknotes. The number of active monthly active users was 1.4 crore a year ago, as against 4.5 billion in March this year. It is expected to rise to 275 lakh crore. The legends are competing to get opportunities in this market. The PAYTM  , which has been in the forefront of the rest, continues to dominate this segment. PAYTM   is the largest mobile payments company with over 30 million users and 33% market share. The tech giant Google is slowly in this section. In September 2017, the company opened the Payments service under the name of Google Pay. Industry believes that the situation is different if it began before the cancellation of big banknotes. The number of active monthly active users was 1.4 crore a year ago, as against 4.5 billion in March this year. The PAYTM  , which has been in the forefront of the rest, continues to dominate this segment. PAYTM   is the largest mobile payments company with over 30 million users and 33% market share. The tech giant Google is slowly in this section. In September 2017, the company opened the Payments service under the name of Google Pay. Industry believes that the situation is different if it began before the cancellation of big banknotes. The number of active monthly active users was 1.4 crore a year ago, as against 4.5 billion in March this year. 

The PAYTM  , which has been in the forefront of the rest, continues to dominate this segment. PAYTM   is the largest mobile payments company with over 30 million users and 33% market share. The tech giant Google is slowly in this section. In September 2017, the company opened the Payments service under the name of Google Pay. Industry believes that the situation is different if it began before the cancellation of big banknotes. The number of active monthly active users was 1.4 crore a year ago, as against 4.5 billion in March this year. In September 2017, the company opened the Payments service under the name of Google Pay. Industry believes that the situation is different if it began before the cancellation of big banknotes. The number of active monthly active users was 1.4 crore a year ago, as against 4.5 billion in March this year. In September 2017, the company opened the Payments service under the name of Google Pay. Industry believes that the situation is different if it began before the cancellation of big banknotes. The number of active monthly active users was 1.4 crore a year ago, as against 4.5 billion in March this year.  

Whatsapp is not so easy 

The messaging app that is part of Facebook on the American social networking site. Whatsapp also hopes to expand heavily in India. Whatsapp is great for users to be wider. There are currently about 30 million users in India. Political parties also use it to reach voters. Though they are good enough for Whatsapp, the payment market will have to face a stiff competition from the PAYTM   of the country’s Payment Services Company, which is also owned by China’s Alibaba Group. Moreover, the challenges are not cheap. Recently a petition has been filed in the Supreme Court not to implement Whatsapp implementation of data locking and data security rules as the Center has set out. Even the Reserve Bank of India has made it clear that the payment data should be kept in India (even in the trial phase). Whatsapp also agreed.  

Competitive
There is no possible possibility of Whatsapp to be in the market. Compete with other legends like Google Pay, Amazon Pay, Walmart-Flipkart’s Phone pay. The tech company Apple will soon be able to introduce its Apple Pay mobile wallet in India. These e-commerce companies, such as Amazon and Walmart-Flipkart, are slightly different. These payments valves are their own customers .. It is mostly used for cashback. Volts of telecom companies are almost the same. In such a way, competition from such companies is quite simple. Mobile wallet companies have emerged in the face of demonitization. But most of the companies are gradually disappearing after that. By the end of 2017, there were more than 60 mobile volunteers domestically. But as the cash flow in the system slowly rises again, these numbers are gradually declining and are now down to 50. Whatsapp also needs to keep in mind.

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