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Top 4 UPI apps account for over 95% of transactions

The Business Guardian

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September 06, 2023

The landscape of digital payments in India is witnessing a significant transformation, with fintech payment apps dominating the market, capturing a substantial portion of Unified Payments Interface (UPI) transactions.

Top 4 UPI apps account for over 95% of transactions

According to a recent report by Bernstein, a global wealth management firm, the top four UPI players, including Paytm, PhonePe, and Google Pay, collectively command a staggering 95 percent share of UPI transactions. This shift has reshaped the dynamics of the payments industry, with traditional banks having a limited presence in UPI transactions.

WEITERE GESCHICHTEN VON The Business Guardian

The Business Guardian

The Business Guardian

Telangana aims to shift from chip design to Manufacturing

Telanganais looking to play a bigger role in India>s semiconductor journey, with the state government emphasising its focus on moving from chip design talent to actual manufacturing, said Sridhar Babu Duddilla, Minister of IT of Telangana.

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1 mins

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The Business Guardian

The Business Guardian

Delhi: Technical Session showcases innovations in India's fisheries sector

The Department of Fisheries (DoF) under the Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD) organised a technical session here on the sidelines of World Food India 2025, as per a government release.

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2 mins

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The Business Guardian

Delhi's CR Park transforms into vibrant ‘Mini Bengal'

With the Durga Puja festivities in full swing, the lanes of Delhi's Chittaranjan Park have started glowing with the warm scent of fried fish, 'phuchka' stalls, egg and chicken rolls, and, of course, the sweets.

time to read

1 min

September 29, 2025

The Business Guardian

The Business Guardian

SWACHH SHEHAR JODI: MOHUA LAUNCHES MENTORSHIP FOR 300 CITIES

The Housing and Urban Affairs Ministry launched the Swachh Shehar Jodi initiative to link mentor and mentee cities for better urban sanitation.

time to read

2 mins

September 29, 2025

The Business Guardian

The Business Guardian

CARE Ratings reaffirms Aavas Financiers’ Rating, outlook upgraded to positive

Aavas Financiers Limited, one of India’s leading affordable housing finance companies, announced that CARE Ratings Limited has reaffirmed its credit ratings while revising the outlook from ‘Stable’ to ‘Positive’.

time to read

1 min

September 29, 2025

The Business Guardian

The Business Guardian

Dharamshila Narayana Hospital’s Cardiac Experts Dispel Myths About “Sudden” Heart Attacks, Emphasize Preventive Care in Community Outreach Event

Leading Cardiologists Unite to Raise Awareness on Heart Health During Interactive Media Session and Community Program

time to read

1 min

September 29, 2025

The Business Guardian

The Business Guardian

RAHUL GANDHI'S FOREIGN TOUR AND THE CLOUDS OF SUSPICION

Rahul Gandhi has once again embarked on a foreign trip. Fortunately, this time Congress' chief spokesperson Jairam Ramesh formally clarified that Rahul is visiting four countries in South America. Perhaps, after the embarrassment surrounding his Malaysia visit, the party has chosen to make this disclosure.

time to read

1 mins

September 29, 2025

The Business Guardian

CM REKHA INAUGURATES NAND NAGRI FLYOVER

Delhi CM unveils flyover, strengthens healthcare with ambulances and organ portal.

time to read

1 mins

September 29, 2025

The Business Guardian

The Business Guardian

PM Modi urges use of Indigenous products during Festivals in Mann Ki Baat

In the 126th episode of his monthly radio address Mann ki Baat, Prime Minister Narendra Modi called for citizens to make the upcoming festive season more meaningful by choosing indigenous products.

time to read

1 mins

September 29, 2025

The Business Guardian

The Business Guardian

Look in your own backyard too, sir!

Why is India in the list of drug trafficking countries? And will America set up a military base in Bangladesh?

time to read

4 mins

September 29, 2025

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