In July 2025, PhonePe extended its dominance in the UPI ecosystem with a commanding 46.7% market share, followed by Google Pay at 36.2%. Paytm held 7.1%, while other players accounted for the remaining 10%.
Tag: PhonePe
UPI Alert: P2P ‘Collect Request’ Feature to Be Discontinued from October 1, 2025
The National Payments Corporation of India (NPCI) has announced the removal of the UPI peer-to-peer (P2P) 'Collect Request' feature starting October 1, 2025, in a bid to curb financial frauds and enhance user security. Here’s what it means for UPI app users.
UPI Transactions to Become Faster from June 16, 2025
Starting June 16, UPI transactions in India will be noticeably faster as NPCI rolls out new response time limits. With key changes like reduced transaction delays and increased balance check attempts, digital payments are set to become smoother and more efficient for millions of users.
Digital Payment Woes: Google Pay, PhonePe, and Paytm Users Face Transaction Issues
3. Thousands of users in India are experiencing difficulties with digital payments due to a UPI outage affecting Google Pay, Paytm, and PhonePe. Users are reporting failed transactions, payment delays, and deductions without credits.
