India has delayed the implementation of a 30% market share cap on digital payment apps, originally set for 2025, now pushed to December 31, 2026. This decision alleviates pressure on PhonePe and Google Pay, which dominate the Unified Payments Interface (UPI), managing over 85% of transactions. The National Payments Corporation of India continues to seek a balance between regulation and consumer service, having struggled to enforce previous proposals. The extension offers PhonePe clarity as it considers an IPO amidst ongoing discussions around fair competition in the digital payment sector.