UPI In June: Navi, super.money Gain Ground As PhonePe, Google Pay Slip Slightly
AI Summary
The Unified Payments Interface (UPI) race got more intense in the month of June as market share shifts indicate growing traction for smaller players as they gradually expand their presence in the ecosystem. In June, players like Navi and super.money saw a marginal jump in their respective market share contrary to PhonePe and Google Pay losing it a bit. In the month under review, Sachin Bansal-led Navi processed 84.3 Cr transactions worth ₹43,948.6 Cr, up 2.2% from 82.4 Cr transactions worth ₹43,
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