Paytm Loses HUGE Market Share After Shocking Decision! Will They Recover?

Credit: GOOGLE IMAGES

Credit: GOOGLE IMAGES

1. RBI Action on Paytm Payments Bank: Paytm Payments Bank: Recent actions by the RBI against Paytm Payments Bank have impacted Paytm's overall business.

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UPI Market Share Drops: Paytm's UPI market share (through its parent company One97 Communications) has fallen to 9% in March 2024

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Lowest in 4 Years: This is Paytm's lowest UPI market share in the last four years, as reported by the National Payments Corporation of India (NPCI)

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Decline from February: Paytm's UPI share had already dropped to 11% in February 2024, following the RBI's restrictions

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NPCI Data Transparency: NPCI began sharing UPI transaction data (volume and value) in April 2020, allowing for market share comparisons

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