UPI transactions in India 2022, by leading apps

Published by Sandhya Keelery, Aug 30, 2024
PhonePe had the highest UPI-based transactions in 2022 amounting to around 55 trillion Indian rupees. It was followed by Google Pay and Paytm in terms of transaction value. UPI is a payment system that puts numerous bank accounts into a single mobile application, consolidating various banking features.

Value of UPI transactions in India during 2022, by leading apps (in trillion Indian rupees)

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Release date

January 2023

Region

India

Survey time period

2022

Supplementary notes

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of June 2023).

Values have been rounded for clarity.

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