How Google Pay Earn Money In India?

How Google Pay Earn Money In India?

Google Pay India reported annual revenue of Rs 1,501 crore so How Google Pay Earn Money In India and Net profits of Rs 32.87 for the financial year 2020.

How Google Pay Earn Money In India?

Google Pay India reported annual revenue of Rs 1,501 crore so How Google Pay Earn Money In India and Net profits of Rs 32.87 for the financial year 2020.

But 80.5% of the revenue i.e Rs 1,173.4 crore was reimbursements received from the holding entity Google Asia Pacific.

Interestingly, revenue from direct customers stood at Rs 72.07 crore, making up only 4.8% of Google Pay’s revenue during FY20.

UPI Transactions are free. Registration and bank account linking are also free then How Google Pay Earn Money In India? 

These are 3 main revenue sources that Google Earn Money In India-

1. Bill Payments
2. Mobile Recharges
3. UPI Transactions

Bill Payments: We can pay different kinds of bills like electricity bills, DTH recharges, loan payments, etc using Gpay. For every transaction that we make through the app, it gets a commission from the company..

Mobile Recharges - It is the primary source of revenue for GPay. Whenever we make a recharge on a SIM operator from this app, it gets commissions for the transaction...

UPI Transactions - GPay doesn't earn any direct revenue from UPI transactions. But user data helps the company to make further products efficiently which can generate great revenue for the company...

The free UPI Transaction service attracts more users. Then those users will pay bills and recharge their mobiles using this app which will generate revenue for GPay.

We hope you will love this post.

Don't forget to save & Share the post.