A working tracker of who owns mobile payments across fifteen Asian markets. Alipay and WeChat Pay in China, UPI in India, GCash in the Philippines, and a region-specific stack everywhere else.
PhonePe processes 48% of all UPI transactions in India. Paytm handles roughly 7%. Two years ago, that gap was half as wide. The Reserve Bank of India’s crackdown on Paytm … Read more
India’s digital economy reached an estimated $402 billion in 2025, accounting for 11.74% of GDP and growing faster than virtually any comparable market on earth (MEITY, 2025). With 1.03 billion … Read more
Everyone loves the UPI story. And why wouldn’t they? A country that had 190 million unbanked adults a decade ago now runs the world’s largest real-time payments network. The Unified … Read more