PhonePe & Google Pay Maintain UPI Lead In March, CRED Loses Market Share

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SUMMARY

IPO-bound fintech company PhonePe maintained its leadership position in the UPI market in March, processing 864.7 Cr, or 47.25% of the total UPI transactions

Following its lead was Google Pay, which notched up 36.04% of the total UPI transactions while accounting for 34.98% of the total UPI value

Overall, UPI transactions in the country reached a record high of 18.30 Bn in March after falling 5% to 16.11 Bn in February

IPO-bound fintech company PhonePe maintained its leadership position in the UPI market in March,…



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PhonePe & Google Pay Maintain UPI Lead In March, CRED Loses Market Share


SUMMARY

IPO-bound fintech company PhonePe maintained its leadership position in the UPI market in March, processing 864.7 Cr, or 47.25% of the total UPI transactions

Following its lead was Google Pay, which notched up 36.04% of the total UPI transactions while accounting for 34.98% of the total UPI value

Overall, UPI transactions in the country reached a record high of 18.30 Bn in March after falling 5% to 16.11 Bn in February

IPO-bound fintech company PhonePe maintained its leadership position in the UPI market in March,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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