I’ve noticed that even though we have Indian apps like Paytm and PhonePe, a lot of customers still prefer using Google Pay. It makes me wonder why foreign companies still have such a strong hold in India.
I’ve noticed that even though we have Indian apps like Paytm and PhonePe, a lot of customers still prefer using Google Pay. It makes me wonder why foreign companies still have such a strong hold in India.
10 replies12 likes
PRATHAM
Experimenting On lea... • 1y
Google Pay + Paytm = PhonePe 💥
What made PhonePe succeed in this market with such competitors❓
Reply what you think about it 🤔👇
26 replies10 likes
Chamarti Sreekar
Passionate about Pos... • 4m
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
Piyu
....... • 23d
UPI Transactions Reach 17.89 Billion in April 2025; PhonePe and Google Pay Lead, FamApp Climbs to Eighth Position.💪🏻
🚀 UPI hits historic highs in January 2025!
PhonePe leads with 48.4%, Google Pay follows at 36.9%, and Paytm holds 6.9%. 📊
Over 16.99 billion transactions worth ₹23.48 lakh crore — marking the highest figures recorded in any single month since UPI's
🚨 Market Share of UPI Apps (July 2024)
• PhonePe - 48.3%
• Google Pay - 37%
• Paytm - 7.82%
• Others - 6.88%
CRED is Now The 4th Largest UPI Player.
1 replies6 likes
Uttkarsh Singh
Learning • 1y
Google pay is shutting down its US business, Paytm is already struggling here in India, Google playstore is delisting some apps but in all this; PhonePe is launching the Indus App store, interesting 🙂