PhonePe dominates with a 47.2% market share
India’s digital payments landscape has a clear champion: PhonePe now commands a staggering 47.2% share of the UPI transaction volume, solidifying its pole position in the country’s fintech race. The Walmart-backed giant processed 8.68 billion transactions worth ₹12.56 lakh crore in May 2025 alone — its highest-ever monthly performance — demonstrating an iron grip over … Read more