“PhonePe and G-Pay Hit Record UPI Transactions in May; Super.money Outpaces CRED”
PhonePe and Google Pay maintained dominance in the UPI ecosystem in May 2025, processing billions of transactions.
PhonePe and Google Pay maintained dominance in the UPI ecosystem in May 2025, processing billions of transactions.
PhonePe has announced an acquisition of Gupshup’s GSPay technology for UPI-based payments on feature phones.
PhonePe further cemented its dominance in India’s UPI ecosystem in April 2025, maintaining the top sp
PhonePe has transformed into a public limited company ahead of its $15 billion IPO, changing its name.
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.
PhonePe will exit the Account Aggregator business and partner with existing market aggregators instead.