
Photo: TechQuila
Google Pay, PhonePe Account For 81% Of Total UPI Transactions In Oct
According to the NPCI, online payments operators Google Pay and PhonePe have jointly accounted for about 81% of the total digital transactions in October. While the Google Pay logged UPI transactions worth Rs 1,65,654.71 crore, PhonePe registered transactions worth Rs 1,68,085.06 crore. Though PayTM (Rs 27,489.33 crore) and Amazon Pay (Rs 3,854.49 crore) have made significant leaps the industry, their market share is extremely low in compared to Google Pay and PhonePe.