Top UPI players hold on to market share amid transaction volume dip

Know more→

Mobility Energy and Transportation

Financial Services

Top upi players hold on to market share amid transaction volume dip

07 May 2021

1 min read

Top Unified Payments Interface (UPI) players in the country saw fewer transactions in April, in line with overall UPI payments dipping for the first time in a year last month. Phone Pe, Google Pay and Paytm, however, have held on to their market share despite the loss in volumes.

While Phonepe found its total number of UPI transactions dip by about 1% to nearly 1.19 billion, it continued as UPI leader at 45% market share. In March, it led the pack at about 44%, according to National Payments Corporation of India (NPCI) data on April.

The full article was originally published on Tech Circle

Disclaimer: The text, images and content here have been reproduced from the original publisher. Praxian Global Private Limited does not claim any ownership or right to use of this content and the rights belong to the publisher. We have contributed our perspectives, which are often proprietary, to the content publisher. We or the publisher have no obligation to update or refresh the content or our perspectives shared herein.

Ready to talk?

I want to talk to your experts in:

We work with ambitious leaders and transformative clients who are defining the future. Together, we achieve extraordinary outcomes.

Top UPI players hold on to market share amid transaction volume dip | PraxisGA