Why India’s online gaming ban could hit Razorpay and PhonePe harder than you think
The Online Gaming Bill 2025 has wiped out India’s real-money gaming industry overnight. But the ripple effects extend far beyond fantasy cricket and poker tables. For years, payment aggregators like Razorpay, PhonePe, Cashfree, and PayU quietly powered the industry’s explosive growth. They processed deposits, payouts,…
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