Question

Which companies still account for 80% of transactions, despite the allowance for new players to scale payments services to 100 million users?

A PhonePe and Google Pay Correct Answer Incorrect Answer
B WhatsApp Pay and Paytm Correct Answer Incorrect Answer
C Amazon Pay and WhatsApp Pay Correct Answer Incorrect Answer
D Phone Pay and Paytm Correct Answer Incorrect Answer
E Google and Paytm Correct Answer Incorrect Answer

Solution

Roughly 80% of transactions still happen through PhonePe and Google Pay, despite new players like WhatsApp Pay being allowed to scale payments services to 100 million users.

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