PhonePe, Google Pay Lose UPI Market Share As Jio, Navi, Axis Bank Gains

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4 months ago

In June, Walmart Inc.-owned PhonePe and Alphabet Inc.’s Google Pay experienced a slight decline in their shares of total transactions processed through India’s Unified Payments Interface (UPI). According to data from the National Payments Corporation of India (NPCI), PhonePe’s market share dropped to 48.37% from 48.67% in May, while Google Pay’s share shrunk to 36.76% […]

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