PhonePe leads UPI transaction volume in Jan1 min read . Updated: 07 Feb 2021, 10:53 PM IST
In November last year, NPCI, which operates the UPI infrastructure, had said starting 2021, it will cap transaction volumes processed by an entity at 30%. Google Pay and PhonePe have two years to comply with these guidelines
BENGALURU : Bengaluru-based digital payments firm PhonePe continued its lead on Unified Payments Infrastructure (UPI) payments, clocking the highest volume of 968.7 million transactions in January, up by 7% from December 2020, and processing a total value of ₹1.92 trillion, beating rival Google Pay.
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