Last year, the RBI also announced bringing UPI on feature phones. The central bank observed that around 74 Cr mobile phone users have smartphones in the country out of the total 118 Cr mobile users.

PhonePe accounted for more than 48% of the total UPI transactions in January, followed by Google Pay with 36.91% Paytm’s share in UPI transactions dipped to 6.87% in January from 6.97% in ...

Leading fintech platform PhonePe on Wednesday announced it has enabled UPI activation using Aadhaar-based OTP authentication. PhonePe is the first UPI Third Party Application Provider (TPAP ...

2. The Credit Line associated with their registered phone number will be linked on UPI upon clicking on the bank. 3. After ...

Other non-bank UPI apps including Amazon Pay, WhatsApp, Jio Payments Bank, and MobiKwik processed 44.22 million, 0.55 million, 0.36 million, and 1.92 million transactions respectively in February.

Google Pay and Walmart-backed PhonePe are the two most widely used apps in India to make UPI payments. Other players include fintech companies such as Paytm, Navi, Cred and Amazon Pay. PhonePe's ...