Phonepe

UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

09 Jan 2025, 19:48 PM

The market share of the Vijay Shekhar Sharma-led fintech further plummeted to 6.87% in the month of December.

NPCI extends 30% UPI volume cap by two years; removes user limits for WhatsApp Pay

NPCI extends 30% UPI volume cap by two years; removes user limits for WhatsApp Pay

02 Jan 2025, 14:18 PM

Last year, The Head and Tale reported that NPCI was facing difficulty in implementing the 30% cap on UPI market share; and the market was going to miss the December 2024 deadline too.

PhonePe ends partnership with Juspay; plans direct integrations with merchants

PhonePe ends partnership with Juspay; plans direct integrations with merchants

02 Dec 2024, 13:17 PM

Around 15% of PhonePe’s payment gateway volume is currently being processed through Juspay.

After Flipkart, Binny Bansal steps down from PhonePe board

After Flipkart, Binny Bansal steps down from PhonePe board

30 Nov 2024, 13:56 PM

Bansal still owns about 1% of PhonePe and continues to be largest individual minority shareholder in the firm.

Sachin Bansal

Sachin Bansal's Navi overtakes Cred as fourth largest UPI player

18 Nov 2024, 20:28 PM

Flipkart Group’s UPI app super.money also witnessed surge in its number of transactions in October to 50 million.

Navi achieves 5th spot in UPI app ranking in September

Navi achieves 5th spot in UPI app ranking in September

23 Oct 2024, 14:18 PM

PhonePe controls 48% market share in terms of volume of transactions; Google Pay (37.4%) and Paytm (7%).

UPI 30% volume cap to even miss December 2024 deadline

UPI 30% volume cap to even miss December 2024 deadline

19 Feb 2024, 17:33 PM

In April 2024, PhonePe held 48.3% market share in terms of the total UPI volume processed; while Google Pay captured 37.4% share.

Fintech Hightlights

  1. GST raids InsuranceDekho head office: report

  2. Infinity Fincorp raises $35 million from Jungle Ventures, others

  3. Merchant payments firm Mintoak secures secondary funding round

  4. UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

  5. KredX gets RBI nod to launch TReDS platform
  6. Read more highlights...

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