PhonePe & Google Pay Maintain UPI Lead In March, CRED Loses Market Share

IPO-bound fintech company PhonePe maintained its leadership position in the UPI market in March, processing 864.7 Cr, or 47.25% of the total UPI transactions

Following its lead was Google Pay, which notched up 36.04% of the total UPI transactions while accounting for 34.98% of the total UPI value

Overall, UPI transactions in the country reached a record high of 18.30 Bn in March after falling 5% to 16.11 Bn in February

IPO-bound fintech company PhonePe maintained its leadership position in the UPI market in March,…