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UPI challengers push NPCI for fair play as WhatsApp toughens scam defenses

Business
Published on 29 April 2026
UPI challengers push NPCI for fair play as WhatsApp toughens scam defenses

Smaller UPI firms want limits on giants’ growth

Smaller UPI players are set to meet NPCI, arguing that the rapid rise of leaders like PhonePe, Google Pay and Paytm needs a fairer framework. In the same tech update, WhatsApp reportedly tightens defenses against scams—raising pressure on platforms and payments ecosystems to improve safeguards while competition heats up.

  • Smaller UPI firms plan to meet NPCI over competitive imbalance
  • They target the rapid growth of major players like PhonePe and Google Pay
  • WhatsApp is strengthening measures to curb scams
  • The move highlights intensifying scrutiny on payments safety and fairness
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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