PhonePe Achieves Milestone of 9.8 Billion UPI Transactions in December; BHIM Surpasses CRED
PhonePe tightened its grip on India’s UPI ecosystem in December with 9.81 billion transactions worth Rs 13.61 lakh crore.
PhonePe tightened its grip on India’s UPI ecosystem in December with 9.81 billion transactions worth Rs 13.61 lakh crore.
UPI recorded 20.47 billion transactions worth Rs 26.32 lakh crore in November, led by PhonePe.
PhonePe and Google Pay dominate UPI transactions in October, accounting for nearly 80% of the total.
September saw 19,633.43 million UPI transactions in India, with PhonePe leading at 45.6% volume share.
India’s UPI ecosystem saw PhonePe and Google Pay dominate with over 81% of total transactions in July.
PhonePe and Google Pay maintained dominance in the UPI ecosystem in May 2025, processing billions of transactions.
PhonePe further cemented its dominance in India’s UPI ecosystem in April 2025, maintaining the top sp
UPI saw a 13.6% increase in March, reaching 18.30 billion transactions, led by PhonePe and Google Pay.
UPI processed nearly 17 billion transactions in January, marking a 39% increase in volume year-on-year.