PhonePe Continues To Lead UPI Race In July, Market Share Sees Marginal Decline

In July, PhonePe facilitated 893 Cr out of the total 19.47 Bn transactions, accounting for 46.64% market share

Google Pay secured the second spot after PhonePe, facilitating 692 Cr transactions worth INR 8.91 Lakh Cr

The total transaction count climbed 5.8% to 19.47 Bn in July, touching a new all-time high

Even as UPI transaction volume touched a fresh all-time high in July, the app player rankings remained unchanged, with PhonePe and Google Pay retaining the top…