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Google Pay First Choice Among UPI Apps, Says Report
June 08, 2019
According to a report by Economic Times, Google Pay is the most popular UPI app in India as it recorded ₹55,000 crores worth of over 240 million transactions in May 2019 alone. At 230 million transactions worth ₹44,000 crores, PhonePe comes second which is followed by PayTm which clocked over 200 million transactions worth ₹38,000 crores. Interestingly, the total number of UPI transactions declined in May as they clocked at 733 million compared to April’s 781 million.
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