šØ Market Share of UPI Apps (July 2024)
ā¢ PhonePe - 48.3%
ā¢ Google Pay - 37%
ā¢ Paytm - 7.82%
ā¢ Others - 6.88%
CRED is Now The 4th Largest UPI Player.
1 replies6 likes
Chamarti Sreekar
StealthĀ ā¢Ā 1m
UPI Market Share,December 2024
1- PhonePe - 47.7%
2- Google Pay - 36.7%
3- Paytm - 6.87%
4-Others - 8.73%
Phonepe alone have almost 50% market share.
1 replies14 likes
M S Shaikh
StealthĀ ā¢Ā 10m
What will be the future of Paytm? Paytm is First Mover But now phonepe has 47.2% share of UPI transactions
UPI based payment gateway for developers.
I want to enable UPI payments on my website. Which solution can I use? Paytm, Razorpay, Phonepe required documents proving you are a registered business. But I'm a dev, don't have any registered business. Loo
A few days ago, Flipkart introduced its new UPI service, Supermoney.
ā®ļøThe interesting part: Let's go back a few years -
Dec, 2015: 3 former Flipkart exec's start PhonePe.
Apr, 2016: Flipkart acquires PhonePe for $20 M.
Aug, 2018: Walmart acquires
Paytm shareholders are ignoring this? šš
The fintech giant was the only UPI app to be making money on UPI. And now thatās no more possible.
Here's all you should know!
..
The thing is, NPCI (via Govt grants) compensates the banks to up keep the
Which app do you guys use the most for payments? Paytm, Gpay, phonepe or others? And why? Wanted to understand whatās working for whom. Iām building in the fintech sector.
18 replies16 likes
Gyananjaya Behera
StealthĀ ā¢Ā 8m
UPI Transactions Jump 5% MoM In May To 1,404 Cr
Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore.
Yearly Growth: Year-on-year, transaction count surged
Case Study: PhonePe ā India's UPI Leader
Founded in 2015, PhonePe dominates India's digital payments landscape.
Stats:
Users: 350M+ registered
Market Share: 40%+ of UPI transactions
Business Model: Transactions, financial services, advertising.
R
As you see in the picture , UPI is skyrocketing since 2016 to 2024 to approx . 8B transactions .
ā¢ companies like Phonepe,Google pay are dominating the market with atleast 80% market share , Paytm market share fall from 13 to 9%.
ā¢ Government will