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Google Pay Is Now India’s Largest UPI Platform By Value Of Transactions: Report
Paytm and PhonePe had spent much of last year quibbling over which one was India’s largest UPI platform, but it appears that a foreign player has quietly stolen their lunch. Google Pay has become India’s largest UPI platform by transaction value, Bloomberg Quint reports. Quoting industry sources, the report said that Google Pay reported Rs. 49,700 crore of transactions in April, leading PhonePe, which accounted for Rs. 42,610 crore of transactions, and Paytm, which had...