Previously, Google announced their policy to expand the mandatory in-app purchase and 30 per cent commission fee that were previously only applicable to games to other digital content areas such as webtoons, music and e-books
With a valuation of $6.5 billion, Cred aims to compete with major UPI players like PhonePe and Google Pay, while navigating challenges such as losses and increasing its revenue
The e-commerce enabler, which recently partnered with the India Post, aims to set up a new model with post offices in rural areas to tack them back into e-commerce
The integration comes after the National Restaurant Association of India (NRAI) urged its members to log out of the Dineout app, citing deep-discounting issues