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Without Payments Bank, Paytm's UPI market share drops to 9%, lowest in four years

NPCI started sharing UPI apps transaction volume and value from April 2020 and this is Paytms lowest market share. The mobile payment app hit by the regulators action has also seen its transaction value market share drop to 6.7 percent.
Axis Bank Paytm Payments Bank Limited Communications Ltd National Payments Corporation Of India National Payments Corporation Google Pay

Paytm UPI: Paytm UPI payments drop further in March; PhonePe, Google Pay show gains

Paytm processed around 1.2 billion UPI transactions in March. This is below 1.3 billion transactions in February and 1.4 billion in January. Overall, UPI payments rose to 13.4 billion in March compared to 12 billion in February, per NPCI data.
Offering College Paytm Payments Bank Indian School Of Business National Payments Corporation Of India Axis Bank Unified Payments Interface

Cash out: Mobile wallet payments may hit Rs 532 trn in 2028

Mobile wallet adoption is surging in India and swiftly becoming a primary payment option, surpassing traditional methods like cash and cards. Over the next few years, payments via mobile wallets in India are likely to surpass the Rs 531.8 trillion mark in 2028, witnessing a compound annual growth rate (CAGR) of 18.3 per cent between 2024 and 2028, according to GlobalData - a London-based leading data and analytics company. The value of mobile wallet payments in India, as per a GlobalData report,...
City Of United Kingdom Uttam Ghosh Rediff Shivani Gupta National Payments Corporation Of India Reserve Bank
Source: rediff.com

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