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UPI records 2.21 Bn transactions in November
Unified Payments Interface or UPI has registered 2.21 billion transactions worth Rs 3,90,999 crore in November, data released by NPCI shows. As compared to October, this is 6.7% and 1.26% surge in...
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Debit, Credit and PPI cards clock 500 Mn transactions at PoS, e-comm...
Debit, credit and prepaid instrument cards collectively crossed 500 million transactions on Point of Sale (PoS) and e-commerce platforms in November, RBI’s settlement data of select payment systems...
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BHIM’s market share in UPI falls below 1% for three consecutive months
While PhonePe and GooglePay have emerged as the top two players in the Unified Payment Interface or UPI, rest of the players including government-promoted BHIM are facing the heat. According to data...
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PhonePe becomes most downloaded fintech app in India in Nov; G-Pay leads...
Digital payments platform PhonePe has become the most downloaded fintech app in India in November, data sourced from Sensor Tower shows. The Sameer Nigam-led firm has dethroned Google Pay to grab the...
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Yes Bank’s UPI platform records highest transaction among all banks in Nov
Yes Bank’s UPI platform has received the highest number of transactions in November among all banks on the NPCI-owned digital payments system. According to the data shared by NPCI, Yes Bank has...
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UPI registers 2.23 Bn transactions worth Rs 4.16 Tn in Dec
For the first time since its inception, Unified Payments Interface or UPI has crossed Rs 4 trillion worth transactions in a month. According to NPCI, the digital payments system has recorded 2.23...
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PhonePe operating revenue jumps 2X to Rs 372 Cr; losses fall marginally
PhonePe has been steaming ahead with its UPI platform coming forth as a formidable player after processing 868 million transactions worth Rs 1.75 lakh crore during November. The company’s growing scale...
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Union Bank and SBI see highest UPI transaction failures in December
Union Bank of India and State Bank of India or SBI are among the top remitter banks to face a surge in failure in transactions for UPI in December, data from the National Payments Corporation of India...
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PhonePe leaves Google Pay behind in UPI market share in Dec
Digital payments firm PhonePe overtook its arch-rival Google Pay in terms of transaction volume and value in December, data from the National Payments Corporation of India (NPCI) shows. PhonePe had...
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Yes Bank and ICICI Bank’s UPI platforms lead transaction volume chart in Dec
Yes Bank and ICICI Bank have once again become the leaders among all banks in terms of volume of transactions through their own UPI platforms with 19.54 million and 8.58 million transactions...
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UPI records 2.3 Bn transactions worth Rs 4.3 Tn in January
Unified Payments Interface or UPI has registered 2.3 billion transactions worth Rs 4,31,181 crore or Rs 4.31 trillion in January, according to data released by National Payments Corporation of India....
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PhonePe maintains its UPI transactions lead over Google Pay in January
Digital payments major PhonePe has maintained its lead over Google Pay in terms of UPI transactions volume and value by a decent margin in January. PhonePe had recorded 968.72 million transactions...
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Google Pay most downloaded fintech app globally in Jan; PhonePe leads in India
Google Pay has once again become the most downloaded fintech app globally in a month, recording 10.6 million downloads in January in which India contributed 77.3% or 8.2 million installs, data sourced...
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Union Bank sees highest UPI transaction failures in Jan; SBI’s performance...
Union Bank of India has again become the top remitter banks to face a surge in failure in transactions for UPI, data from the National Payments Corporation of India (NPCI) shows. The bank recorded the...
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UPI records 2.29 Bn transactions in February
Unified Payments Interface or UPI has registered 2.29 billion transactions worth Rs 4,25,062 crore in February, according to data released by the National Payments Corporation of India. In terms of...
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Paytm slashes losses by over 30% in FY20; payments business earns Rs 3,115 Cr
Paytm Group, which operates 30 subsidiaries along with seven associate and joint ventures including Paytm Payments Bank, insurance broking business, Paytm Money and Paytm entertainment among others,...
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PhonePe controls 42.5% UPI market share in February; G-Pay slips to 36%
Digital payments firm PhonePe has increased its UPI transactions lead over Google Pay in February. The Bengaluru-based company has recorded 975.53 million transactions worth Rs 1,89,517.82 crore...
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Paytm Payments Bank records lowest and Andhra Bank highest UPI transaction...
Paytm Payments Bank has registered the lowest transaction decline rate at 0.11% among all UPI remitter banks in February, data released by the National Payments Corporation of India (NPCI) shows....
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UPI records over Rs 5 lakh crore worth transactions in March
Unified Payments Interface or UPI registered 2.73 billion transactions worth Rs 5,04,886 crore or Rs 5.04 trillion in March, reflecting a two-fold surge in UPI transaction volume and value as compared...
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PhonePe controls 44% market share in UPI network in March; G-Pay holds 35%
PhonePe continues to dominate the Unified Payments Interface or UPI ecosystem since December last year. With a 43.91% market share, the company has left Google Pay behind with a decent gap of 9% in...
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