Walmart-owned PhonePe has processed 975.53 Mn transactions worth Rs 1,89,517 cr in February
This has made the app India’s most popular UPI app
The data was gathered by the National Payments Corporation of India (NPCI)
In January, PhonePe’s transaction volume was 968.72 Mn worth Rs 1,91,973 cr
PhonePe’s improved performance could be the reason behind this feat
As per the data, Google Pay and Paytm hold the second and third places respectively