{"id":53063,"date":"2025-09-09T14:11:08","date_gmt":"2025-09-09T14:11:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/53063\/"},"modified":"2025-09-09T14:11:08","modified_gmt":"2025-09-09T14:11:08","slug":"august-marks-all-time-high-upi-transactions-for-phonepe-and-google-pay","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/53063\/","title":{"rendered":"August marks all-time high UPI transactions for PhonePe and Google Pay"},"content":{"rendered":"<p dir=\"ltr\">India\u2019s Unified Payments Interface (UPI) crossed 20 billion transactions in August 2025, marking its <a href=\"https:\/\/entrackr.com\/news\/upi-crosses-20-bn-monthly-transactions-for-first-time-in-august-9773434\" target=\"_blank\" rel=\"nofollow noopener\">highest monthly volume<\/a> ever. PhonePe continued to lead the digital payments market with 9.15 billion transactions, holding a 45.74% share by transaction volume (9.15 billion) and 48.26% by value (Rs 11.99 lakh crore).<\/p>\n<p dir=\"ltr\">According to NPCI data, Google Pay followed with a 35.30% share by transactions (7.06 billion) and a 35.55% share by value (Rs 8.83 lakh crore).<\/p>\n<p dir=\"ltr\">For the first time, PhonePe and Google Pay <a href=\"https:\/\/entrackr.com\/news\/phonepe-nears-9-bn-upi-transactions-in-july-groceries-fast-food-drive-volumes-9659484\" target=\"_blank\" rel=\"nofollow noopener\">crossed<\/a> the 9 billion and 7 billion monthly transaction milestones, respectively.\u00a0 Paytm retained the distant third spot with a 7.03% share by transactions (1.41 billion transactions) and a 5.77% share by value (Rs 1.43 lakh crore).<\/p>\n<p><img decoding=\"async\" alt=\"UPI Marketshare\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/09\/upi-marketshare-2025-09-09-17-17-16.png\" style=\"width: 1200px;\"\/><\/p>\n<p dir=\"ltr\">The trend also suggests that the combined market share of the top three apps, PhonePe, Google Pay, and Paytm, has <a href=\"https:\/\/entrackr.com\/news\/phonepe-hits-8-bn-upi-transactions-in-jan-whatsapp-back-in-top-10-8708001\" target=\"_blank\" rel=\"nofollow noopener\">declined from 93.22% in January<\/a> to a little over 88% in July. The entry of new UPI apps along with discounts and promotional offers could be driving this customer shift.<\/p>\n<p dir=\"ltr\">Navi registered 504 million transactions (2.52% share by transactions) worth Rs 25,397 crore, while CRED accounted for 150 million transactions (0.75% share by transactions) but a relatively strong 2.24% share by value owing to higher ticket size payments.<\/p>\n<p dir=\"ltr\">Axis Bank Apps, BHIM, Amazon Pay, FamApp by Trio, and super.money rounded out the top 10, each holding less than 1% share by transactions. Notably, super.money surpassed CRED in terms of transaction volume. Entrackr <a href=\"https:\/\/entrackr.com\/interview\/supermoney-founder-prakash-sikaria-on-250-mn-monthly-transactions-cashback-and-profitability-9768814\" target=\"_blank\" rel=\"nofollow noopener\">recently reported <\/a>on their growth over the past 12 months.<\/p>\n<p dir=\"ltr\">In August 2025, UPI spending was\u00a0<a href=\"https:\/\/entrackr.com\/news\/debt-groceries-and-fuel-top-upi-spends-in-august-gaming-drops-26-10060278\" target=\"_blank\" rel=\"nofollow noopener\">led by debt collection<\/a> at Rs 77,007 crore, groceries at Rs 68,116 crore, and fuel at Rs 34,547 crore. Digital goods including gaming fell 26% to Rs 7,441 crore after real money app bans.<\/p>\n","protected":false},"excerpt":{"rendered":"India\u2019s Unified Payments Interface (UPI) crossed 20 billion transactions in August 2025, marking its highest monthly volume ever.&hellip;\n","protected":false},"author":2,"featured_media":4619,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[257],"tags":[18,19,17,279,2407,82,2404],"class_list":{"0":"post-53063","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-eire","9":"tag-ie","10":"tag-ireland","11":"tag-mobile","12":"tag-npci","13":"tag-technology","14":"tag-upi"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/53063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=53063"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/53063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/4619"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=53063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=53063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=53063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}