{"id":1306172,"date":"2026-02-13T16:54:07","date_gmt":"2026-02-13T11:24:07","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1306172"},"modified":"2026-02-13T16:54:22","modified_gmt":"2026-02-13T11:24:22","slug":"phonepe-commands-45-of-overall-upi-transactions-9-9-billion-transactions-in-30-days","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/phonepe-commands-45-of-overall-upi-transactions-9-9-billion-transactions-in-30-days\/","title":{"rendered":"PhonePe Commands 45% Of Overall UPI Transactions: 9.9 Billion Transactions In 30 Days!"},"content":{"rendered":"\n<p>The Walmart-backed fintech PhonePe remained the leader in the Unified Payments Interface (UPI) ecosystem in <a href=\"http:\/\/january.by\/\">January<\/a> by processing 9.91 billion transactions, with a 45.7% share of total volume and a 48.6% share by value among UPI apps.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Flipkart-Phone-Pe-Axis-Bank-1280x720-1024x576-1.jpeg\" alt=\"PhonePe Commands 45% Of Overall UPI Transactions: 9.9 Billion Transactions In 30 Days!\" class=\"wp-image-1306176\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Flipkart-Phone-Pe-Axis-Bank-1280x720-1024x576-1.jpeg 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Flipkart-Phone-Pe-Axis-Bank-1280x720-1024x576-1-300x169.jpeg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Flipkart-Phone-Pe-Axis-Bank-1280x720-1024x576-1-768x432.jpeg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Top UPI Apps Performance In January<\/strong>&nbsp;<\/p>\n\n\n\n<p>This month, the overall UPI processed a total of 21.7 billion transactions worth Rs 28,33,481 crore.<\/p>\n\n\n\n<p>The second spot is occupied by Google Pay with 7.23 billion transactions and accounted for 33.3% of overall transaction volume and 33.8% of total value.&nbsp;<\/p>\n\n\n\n<p>Paytm gained the third rank with 1.66 billion transactions, translating into a 7.7% share by volume and 6.4% by value.&nbsp;<\/p>\n\n\n\n<p>If we consider in terms of value, Paytm\u2019s UPI transactions amounted to Rs 1,81,973 crore during the period.<\/p>\n\n\n\n<p>In case this present trend continues then PhonePe is expected to cross 10 billion monthly transactions very soon.<\/p>\n\n\n\n<p>Navi recorded 709 million transactions worth Rs 37,956 crore, followed by super.money, which processed 298 million transactions valued at Rs 12,546 crore among the mid-size players.<\/p>\n\n\n\n<p><strong>FamPay Continues To Gain Traction<\/strong><\/p>\n\n\n\n<p>In the meantime, FamPay continues to gain traction on the UPI platform as the fintech player processed 161 million transactions in January, allowing it to move ahead of CRED in terms of transaction volume during the month.<\/p>\n\n\n\n<p>Earlier, the government-backed BHIM app had overtaken CRED in volume during December last year and the trend continued in January, with BHIM handling 172 million transactions worth Rs 22,026 crore, while CRED processed 157 million transactions.&nbsp;<\/p>\n\n\n\n<p>CRED continued to lead in value despite havig the lover volumes with the transactions amounting to Rs 58,841 crore, reflecting its focus on higher-value payments.<\/p>\n\n\n\n<p>Coming to Axis Bank\u2019s UPI apps, it has&nbsp; recorded a total transaction volume of 153 million mostly driven by business-to-consumer payments.&nbsp;<\/p>\n\n\n\n<p>Similarly, WhatsApp Pay processed 113 million transactions worth Rs 8,358 crore and both of these platforms accounted for less than 1% of total UPI volumes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Walmart-backed fintech PhonePe remained the leader in the Unified Payments Interface (UPI) ecosystem in January by processing 9.91 billion transactions, with a 45.7% share of total volume and a 48.6% share by value among UPI apps. Top UPI Apps Performance In January&nbsp; This month, the overall UPI processed a total of 21.7 billion transactions [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1306176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[359],"class_list":["post-1306172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-phonepe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PhonePe Commands 45% Of Overall UPI Transactions: 9.9 Billion Transactions In 30 Days! - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/phonepe-commands-45-of-overall-upi-transactions-9-9-billion-transactions-in-30-days\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PhonePe Commands 45% Of Overall UPI Transactions: 9.9 Billion Transactions In 30 Days! - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"The Walmart-backed fintech PhonePe remained the leader in the Unified Payments Interface (UPI) ecosystem in January by processing 9.91 billion transactions, with a 45.7% share of total volume and a 48.6% share by value among UPI apps. Top UPI Apps Performance In January&nbsp; This month, the overall UPI processed a total of 21.7 billion transactions [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/phonepe-commands-45-of-overall-upi-transactions-9-9-billion-transactions-in-30-days\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-13T11:24:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-13T11:24:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Flipkart-Phone-Pe-Axis-Bank-1280x720-1024x576-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/phonepe-commands-45-of-overall-upi-transactions-9-9-billion-transactions-in-30-days\/\",\"url\":\"https:\/\/trak.in\/stories\/phonepe-commands-45-of-overall-upi-transactions-9-9-billion-transactions-in-30-days\/\",\"name\":\"PhonePe Commands 45% Of Overall UPI Transactions: 9.9 Billion Transactions In 30 Days! 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