Indian payments firms oppose one-click UPI checkout proposal, citing competition risks

Indian payments firms including Paytm, CRED, and Flipkart's Super.money have opposed NPCI's proposed UPI Meta/Checkout framework, which would let merchants store customers' preferred payment app to enable one-click checkout. The firms argue the feature would entrench dominance of larger players like PhonePe and Google Pay, which already control roughly 80% of UPI transactions.

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