When we think of competition in fintech, the eye usually falls on the likes of Paytm, PhonePe, CRED and the likes which dominate consumer payments and UPI. But there’s another intense rivalry brewing in the online merchant payments space, with Razorpay
firing a new shot in the battle this week.
Razorpay’s majority stake acquisition in UPI payments app POP adds a new dimension to the competition in the payments aggregator space after the split in the market over payments orchestration earlier in the year.
Let’s unpack what POP brings to…