PhonePe leads July UPI with 10.86 bn transactions, nearly 50% share

PhonePe led the UPI transactions in July with 10.86 billion transactions, nearly half of the 23.66 billion transactions worth ₹29.88 lakh crore. Google Pay retained the second spot with 7.65 billion transactions, up from 7.41 billion in June. Paytm remained third with 1.90 billion transactions, compared with 1.80 billion in June, according to the NPCI data.