PhonePe continues to lead unopposed in the UPI market
Steadily increased its market share, capturing a massive 47% transaction volume share in June 2021
This is at a time when the NPCI mandated a 30% cap on transaction volumes
PhonePe reported 1.29 Bn UPI transactions worth Rs 2.62 Lakh Crore
In June, overall UPI transactions grew 10% by volume and 11.5% by value
Rival Google Pay had a market share of 37.8% with 0.97 Billion UPI transactions worth Rs 2.07 Lakh Crore
