Daybreak

No other payment aggregator has been able to pull off what Phonepe has in less than a year. 

Its nearly 50 per cent market share is obviously a huge draw for new merchants. And in the last couple years, its been able to onboard some pretty big names like Bharti Airtel and IRCTC. 

But the bigger the client, the more ruthless their demands. At the end of the day, they are only loyal to the aggregator that promises them the lowest prices and highest success rates. 

So how does PhonePe make sure that it stays on top? And where does that leave everyone else? 

Tune in.

Correction: The host mistakenly referred to NPCI as NCPI towards the end of this episode. We apologise for the error.

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Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.

Hosted from The Ken’s newsroom by Snigdha Sharma and Rahel Philipose, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.