PhonePe Expands Its Dominance Over G-Pay in March; CRED Drops to 7th in UPI Rankings
UPI saw a 13.6% increase in March, reaching 18.30 billion transactions, led by PhonePe and Google Pay.
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.