I have seen, Soundbox are unaffected mostly. People are not switching as people thought they would abandone PayTM. People trust payTM. Some have switched QR codes. But soundboxes are still of payTM. We will need to see more data in coming months. Vendors are willing to wait and switch the linked account to other bank, but soundboxes are of PayTM. And most people have got the word that it’s not about PayTM but about PPBL. So, PayTM has truly build behaviours, especially at merchants or small vendor level. But if the things don’t come on track sooner, they might definitely switch.
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