Publications

Mobile Wallets are Struggling, But UPI Could Be the Shot in the Arm the Industry Needs

An article titled, β€œπ‘΄π’π’ƒπ’Šπ’π’† 𝑾𝒂𝒍𝒍𝒆𝒕𝒔 𝒂𝒓𝒆 π‘Ίπ’•π’“π’–π’ˆπ’ˆπ’π’Šπ’π’ˆ, 𝑩𝒖𝒕 𝑼𝑷𝑰 π‘ͺ𝒐𝒖𝒍𝒅 𝑩𝒆 𝒕𝒉𝒆 𝑺𝒉𝒐𝒕 π’Šπ’ 𝒕𝒉𝒆 π‘¨π’“π’Ž 𝒕𝒉𝒆 π‘°π’π’…π’–π’”π’•π’“π’š 𝑡𝒆𝒆𝒅𝒔” co-authored by our Partner, Sahil Arora and Associate, Ishaan Gupta has been published by Outlook Business.

The article discusses the challenges faced by mobile wallets in India, highlighting their struggle with user retention and competition amidst the rise of UPI and regulatory clampdown. It emphasizes how recent regulatory measures and leveraging the UPI ecosystem could revitalise the PPI industry by offering seamless integration and widespread acceptance, potentially transforming the digital payments landscape in India.

Read the full article here: https://www.outlookbusiness.com/columns/mobile-wallets-are-struggling-but-upi-could-be-the-shot-in-the-arm-the-industry-needs

Published On:

  • 2025-03-05

Counsel Involved:

DISCLAIMER AND CONFIRMATION

Current rules of the Bar Council of India impose restrictions on maintaining a web page and do not permit lawyers to provide information concerning their areas of practice. Saraf and Partners is, therefore, constrained from providing any further information on this web page.

The rules of the Bar Council of India prohibit law firms from soliciting work or advertising in any manner. By clicking on β€˜I AGREE’, the user acknowledges that The user wishes to gain more information about Saraf and Partners, its practice areas and its attorneys, for his/her own information and use;

The information is made available/provided to the user only on his/her specific request and any information obtained or material downloaded from this website is completely at the user’s volition and any transmission, receipt or use of this site is not intended to, and will not, create any lawyer-client relationship; and None of the information contained on the website is in the nature of a legal opinion or otherwise amounts to any legal advice.

Saraf and Partners, is not liable for any consequence of any action taken by the user relying on material/information provided under this website. In cases where the user has any legal issues, he/she in all cases must seek independent legal advice.

Please Read & Accept our website's Privacy Policy & Terms of Use.

Agree Disagree

Scroll to Top