
PhonePe Dominates UPI in July with 8.93 Billion Transactions
93 billion UPI transactions in July 2025. 88% market share in terms of transaction volume, as revealed by the latest data from the National Payments Corporation of India (NPCI).
6 stories · Every PressRoom story about UPI, newest first. Last updated 18 August 2025.

93 billion UPI transactions in July 2025. 88% market share in terms of transaction volume, as revealed by the latest data from the National Payments Corporation of India (NPCI).

Goa’s official taxi app has marked a significant achievement, completing over 70,000 rides and successfully onboarding more than 1,000 drivers.

India’s fintech sector h as emerged as a global leader in the third quarter of 2024, securing $778 million in funding, according to a report by market intelligence platform Tracxn.

In a significant step towards promoting digital payments in India, the Reserve Bank of India (RBI) has raised the transaction limits for UPI Lite and UPI 123PAY services.

The National Payments Corporation of India (NPCI) is making significant strides in extending its Unified Payments Interface (UPI) to global markets, particularly in Africa and South America.

Navi Finserv, the fintech venture of Flipkart co-founder Sachin Bansal, has swiftly climbed the ranks in India’s Unified Payments Interface (UPI) market, overtaking Amazon Pay to secure the position as the sixth-largest UPI player.