Top 10 Major Players in UPI Market:

www.rakshithpai.com

Based on Number of Transactions.

Source: NPCI

Phone Pe

1

www.rakshithpai.com

Market share: 48.5%

Google Pay

2

www.rakshithpai.com

Market share: 34%

PayTm

3

www.rakshithpai.com

Market share: 10.5%

CRED

4

www.rakshithpai.com

Market share: 1.7%

Yes Bank

5

www.rakshithpai.com

Market share: 1.5%

ICICI Bank

6

www.rakshithpai.com

Market share: 1%

BHIM

7

www.rakshithpai.com

Market share: 0.7%

Amazon Pay

8

www.rakshithpai.com

Market share: 0.6%

HDFC Bank

9

www.rakshithpai.com

Market share: 0.2%

Kotak Mahindra Bank

10

www.rakshithpai.com

Market share: 0.2%