India UPI Market share,February 2025
India has its own Payment System UPI (UNIFIED PAYMENT SYSTEM) which was launched in 2026 in india and now UPI is all over world now upi payments being accepted globally
Bhutan: In July 2021, Bhutan became the first country to adopt UPI, allowing payments through the BHIM app.
Singapore: UPI integration with Singapore's payment systems enables Indian visitors to conduct transactions seamlessly.
United Arab Emirates (UAE): UPI is widely accepted in the UAE, including in supermarkets and retail stores, benefiting the large Indian diaspora and travelers.
Nepal: UPI services have been launched in Nepal, allowing for easy digital payments.
France: France has adopted UPI, expanding its global reach and providing convenience to Indian travelers.
Mauritius: UPI services have been introduced in Mauritius, enhancing payment options for Indian visitors.
Sri Lanka: The launch of UPI services in Sri Lanka underscores the robust linkages between the two countries, facilitating digital payments for Indian tourists.
in india there are several UPI Applications this are Applications Ranked top in February 2025 transactions
1-Phonepe- 47.7% Market share
2-Google pay- 36.4 % Market share
3-Paytm -6.8% Market share
4 Others - 9.1% Market share
Phonepe Google pay big companies even charges Convivence charges platform charges and other type of 1-2 Rs fees for evey E-Bill payments done throw their platform