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Amid a broader dip in overall UPI monthly transactions in September, the second largest player in the space Google Pay lost a small chunk in its market share for the second consecutive month.
The Google-owned UPI app recorded 683 Cr transactions worth INR 8.7 Lakh Cr in the month under review, accounting for 35.4% of the market. This marked a slight decline from 35.9% market share held in August and 36.15% in July.
IPO-bound PhonePe, which has been the market leader for about five years now,…
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Amid a broader dip in overall UPI monthly transactions in September, the second largest player in the space Google Pay lost a small chunk in its market share for the second consecutive month.
The Google-owned UPI app recorded 683 Cr transactions worth INR 8.7 Lakh Cr in the month under review, accounting for 35.4% of the market. This marked a slight decline from 35.9% market share held in August and 36.15% in July.
IPO-bound PhonePe, which has been the market leader for about five years now,…
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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