Paytm Payments Bank (PPBL) continues to lead as the largest UPI beneficiary bank in India
As per the latest NPCI report, PPBL registered 430.04 million transactions in April 2021
No other beneficiary bank has been able to cross the milestone of 400 million monthly transactions
PPBL is also rapidly gaining traction as a remitter bank, with 164.47 million transactions in the same month
PPBL has the lowest technical decline rate at 0.01% both as a beneficiary and as a remitter bank
With over 975 Mn digital transactions in March, PPBL became the top enabler of digital payments in India