As of June 2022, Paytm payment bank apps dominated the United Payment Interface (UPI) based payments with a market share of 82 percent within the banking apps segment. Axis bank followed with a mere 5 percent share in the market. Fintech companies are leading the way in the overall market.
Leading banking apps on United Payment Interface as of June 2022
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Indian council for research on International Economic Relations. (March 3, 2023). Leading banking apps on United Payment Interface as of June 2022 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1390085/india-leading-banking-apps-on-upi/
Indian council for research on International Economic Relations. "Leading banking apps on United Payment Interface as of June 2022." Chart. March 3, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1390085/india-leading-banking-apps-on-upi/
Indian council for research on International Economic Relations. (2023). Leading banking apps on United Payment Interface as of June 2022. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1390085/india-leading-banking-apps-on-upi/
Indian council for research on International Economic Relations. "Leading Banking Apps on United Payment Interface as of June 2022." Statista, Statista Inc., 3 Mar 2023, https://www.statista.com/statistics/1390085/india-leading-banking-apps-on-upi/
Indian council for research on International Economic Relations, Leading banking apps on United Payment Interface as of June 2022 Statista, https://www.statista.com/statistics/1390085/india-leading-banking-apps-on-upi/ (last visited December 30, 2024)
Leading banking apps on United Payment Interface as of June 2022 [Graph], Indian council for research on International Economic Relations, March 3, 2023. [Online]. Available: https://www.statista.com/statistics/1390085/india-leading-banking-apps-on-upi/
