Paytm UPI transaction volume down 9% in April, records third consecutive month of slump, says report

Paytm saw a 9% decrease in UPI transactions in April 2024, with 1.1 billion transactions. PhonePe and Google Pay remained the top two players, with a combined share of 86.6%. Paytm's market share dropped to 8.4% after this fall, but it remains the third largest UPI player.
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