The Indian payments industry has grown rapidly in recent years, with a number of strong payments companies emerging. National Payments Corporation of India (NPCI) is one of the largest payment companies in India and is responsible for managing several payment systems in the country. Here's a roundup of some of India's payment industry giants, as well as a comprehensive power ranking of the National Payments Corporation of India:
1. National Payments Corporation of India (NPCI)
- Comprehensive Strength Ranking: 1st
- Main products: RuPay card, Unified Payment Interface (UPI), Immediate Payment Service (IMPS), etc.
- Market share: dominating the Indian payments market
2. Paytm
- Overall Strength Ranking: 2nd
- Main products: mobile wallets, payment gateways, financial products, etc.
- Market share: High share in the Indian payments market
3. PhonePe
- Overall Strength Ranking: 3rd
- Main products: mobile wallets, payment gateways, financial products, etc.
- Market share: High share in the Indian payments market
4. MobiKwik
- Overall Strength Ranking: 4th
- Main products: mobile wallets, payment gateways, financial products, etc.
- Market share: a share of the Indian payments market
5. Amazon Pay
- Overall Strength Ranking: 5th
- Main products: mobile wallets, payment gateways, financial products, etc.
- Market share: a share of the Indian payments market
6. Google Pay
- Overall Strength Ranking: 6th
- Main products: mobile wallets, payment gateways, financial products, etc.
- Market share: a share of the Indian payments market
7. CCAvenue
- Overall Strength Ranking: 7th
- Main products: payment gateway, financial products, etc.
- Market share: a share of the Indian payments market
It is important to note that these rankings are subject to change as the market changes and the company grows. National Payments Corporation of India, a leader in the Indian payments industry, has a clear advantage in terms of overall strength.
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