India, Aug. 14 -- Even as UPI transaction volume touched a fresh all-time high in July, the app player rankings remained unchanged, with PhonePe and Google Pay retaining the top spots.
In July, PhonePe facilitated 893 Cr out of the total 19.47 Bn transactions, accounting for 46.64% market share. Despite clocking INR 12.20 lakh Cr in transaction value, its market share dipped marginally from June's 47.22%.
In the month under review, Google Pay secured the second spot after PhonePe, facilitating 692 Cr transactions worth INR 8.91 Lakh Cr and accounting for 36.15% of the market.
In July, the total transaction count climbed 5.8% to 19.47 Bn, touching a new all-time high. On a year-on-year (YoY) basis, the transaction count jumped 35%. Of t...
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