WhatsApp Pay surpasses CRED in UPI volumes in June

WhatsApp Pay has edged past CRED in monthly Unified Payments Interface (UPI) transaction volumes for the first time, highlighting the competition in India’s digital payments market. While the development does not alter the dominance of the sector’s biggest players, it signals that WhatsApp’s payments ambitions are beginning to gain traction after years of regulatory constraints and slow adoption. The shift in rankings coincided with a leadership change at CRED.