PhonePe logs highest UPI transactions volume in June; GPay, Paytm follow

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UPI payment applications PhonePe and Google Pay handled over 82% of all UPI transactions by volume in June. Sliding to the third position, Paytm controlled 6.9% of the total UPI volume, according to the data released by NPCI on Thursday.

ET reported that the UPI network saw 18.4 billion transactions worth Rs 24.04 lakh crore in June.

PhonePe has maintained consistency and dominance in the space with 8.55 billion transactions and a total value of Rs 11.99 lakh crore. It held 46.5% of the total UPI volume and nearly 50% of the value. On its way to…



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PhonePe logs highest UPI transactions volume in June; GPay, Paytm follow



UPI payment applications PhonePe and Google Pay handled over 82% of all UPI transactions by volume in June. Sliding to the third position, Paytm controlled 6.9% of the total UPI volume, according to the data released by NPCI on Thursday.

ET reported that the UPI network saw 18.4 billion transactions worth Rs 24.04 lakh crore in June.

PhonePe has maintained consistency and dominance in the space with 8.55 billion transactions and a total value of Rs 11.99 lakh crore. It held 46.5% of the total UPI volume and nearly 50% of the value. On its way to…



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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