BharatPe hopes that Bharat pays
“Can BharatPe compete with the big boys?”, I thought. BharatPe says that it has overtaken GooglePay, becoming the third-largest player in the merchant UPI payments. A local store has to keep multiple QR codes such as Walmart-owned PhonePe, Paytm, Amazon Pay, GooglePay, of the 150+ UPI apps, to meet customer payment preferences. BharatPe hit the bull’s eyes by launching a single interoperable QR code to accept payments. That too at Zero fees.