“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.
Tag: UPI
Transformative Changes Ahead for UPI: Government Set to Permit MDR for Large Merchants
Banks may soon monetize UPI transactions by charging large merchants a Merchant Discount Rate (MDR).
UPI Transactions Surge 4.4% in May, Reaching 18.68 Billion
UPI reached 18.68 billion transactions in May 2025, a 4.4% MoM increase from April's 17.89 billion.
PhonePe and G-Pay Dominate UPI Transactions in April, While CRED Aims for Premium Transfers
PhonePe further cemented its dominance in India’s UPI ecosystem in April 2025, maintaining the top sp
UPI Transactions Experience Slight Decline to 17.89 Billion in April
UPI registered 17.89 billion transactions in April, marking a 2.24% decline from March's 18.30 billion.
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 Transactions Experience an Impressive 13.6% Growth in March
UPI recorded 18.30 billion transactions in March, a 13.6% increase from February's 16.11 billion.
Government Greenlights Incentives for UPI Transactions up to ₹2,000, PCI Chairman Voices Dissent
The Indian government approved a scheme to encourage small merchants to use digital payments via BHIM-UPI.
February Sees Dip in UPI Transactions, Yet Year-on-Year Growth Persists
UPI recorded 16.11 billion transactions in February 2025, a 5.2% decline from January’s 16.99 billion.
PhonePe Celebrates 8 Billion UPI Transactions in January; WhatsApp Reclaims Spot in Top 10
UPI processed nearly 17 billion transactions in January, marking a 39% increase in volume year-on-year.
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