Smaller UPI apps urge rethink of UPI Meta, warn of PhonePe-GPay monopoly

Smaller UPI payment apps have petitioned India's NPCI to reconsider the UPI Meta feature—which allows users to save preferred UPI IDs on merchant sites—arguing it will entrench PhonePe (45% market share) and Google Pay (33%) dominance by concentrating user preference data in their platforms.

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