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Not worried about rivals, says PhonePe's Nigam after opening data for all

PhonePe has launched PhonePe Pulse, India's first interactive platform with data, insights and trends on digital payments. Nigam said firm has made privacy topmost concern while designing Pulse

(L-R) Sameer Nigam, Founder and CEO of PhonePe and Karthik Raghupathy Head of Strategy and Investor Relations, PhonePe
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(L-R) Sameer Nigam, Founder and CEO of PhonePe and Karthik Raghupathy Head of Strategy and Investor Relations, PhonePe

Peerzada Abrar Bengaluru
PhonePe is not worried about competitive implications after the Walmart-owned digital payments firm on Thursday launched  PhonePe Pulse, India’s first interactive platform with data, insights and trends on digital payments. PhonePe Pulse website analyses digital transaction habits of over 300 million Indians, who are PhonePe registered users to show how India is paying, down to the district level. It showcases more than 20 billion transactions by consumers on an interactive map of India. With over 45 per cent market share, PhonePe’s data is representative of the country’s digital payment habits.

PhonePe is in a fierce battle with rivals such as