Does anyone knows anyone who is using TapPay to receive payments? Has someone seen it in action in real world conditions? This could be a game changer for Infibeam, but what is the reality on ground today?
Meanwhile, GEM apprears marching ahead confidently and seems likely to hit 2LCrore volume in FY23. UPI continues cannabalizing Debit card volumes (and to some extent credit card vol too) leading to degrowth in Debit card and somewhat muted growth in Credit card overall volumes. Unlike some other VC fund led sectors, this sector is not facing fund glut as some of the large competitors are extremely well capitalized and continue to attract funds. Hence, competitive intensity remains high, though clearly the crazy days are over for the time being.
Lets see what the company has to report.
disc: invested
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