Toggle light / dark theme

India’s PhonePe launches app store with zero fee in challenge to Google

Posted in mobile phones

PhonePe launched the Indus AppStore Developer Platform on Saturday, promising zero platform fee and no commission on in-app purchases as the Walmart-backed fintech races to win Android developers in Google’s largest market.

The Bengaluru-headquartered startup, which has amassed over 450 million registered users on its eponymous payments app, said developers can start registering and uploading their apps on the ‘made-in-India’ app store starting today. The app store, for which PhonePe has also partnered with phonemakers for distribution, features scores of locally relevant features including support for third-party payment providers, 12 Indian languages and a login system that revolves around phone numbers.

PhonePe will not charge developers any listing fee for the first year but move to a “nominal” cost thereafter, it said. The startup will additionally not levy a commission on in-app purchases, compared to Google’s 15–30% takerate. PhonePe, which leads the UPI-based payments market in India, said it has put in place an India-based team to offer support to developers, addressing the concerns of local developers who have been dissatisfied with Google’s delayed responses and U.S. timezone operating hours.