Smaller UPI apps flag competition risks in NPCI’s proposed UPI Meta checkout framework
Smaller UPI players say NPCI’s proposed UPI Meta/Checkout framework could entrench PhonePe and Google Pay by preserving saved payment preferences, potentially limiting choice at checkout and raising consent, operational and dispute-resolution concerns.
Smaller UPI apps oppose NPCI’s UPI Meta/Checkout proposal, saying saved UPI preferences could cement PhonePe and Google Pay dominance, reduce checkout competition and create operational, consent and dispute risks.
Why this matters
The proposal extends NPCI’s recent retail PoS work, including exploration of offline UPI tap-and-pay and reported plans for offline tap-to-pay transactions up to Rs 2,000.
Omni-channel is steady, with 1,443 signals in the past 90 days; no QoQ figure was provided.