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PhonePe, Google Pay duopoly weakens as market share slips below 80% - The Economic Times

IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fell to 32.7% from 36.1% in May 2025.

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economictimes.indiatimes.comStai leggendo1 mese fa

PhonePe, Google Pay duopoly weakens as market share slips below 80% - The Economic Times

IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fell to 32.7% from 36.1% in May 2025.

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newsbytesapp.com1 mese fa

Google Pay, PhonePe's combined UPI market share now below 80%

PhonePe and Google Pay's combined UPI market share has dropped below 80% for the first time, reflecting early progress in NPCI's push to diversify the digital payments ecosystem.

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mercoledì 17 giugno 2026·newsbytesapp.com
Google Pay, PhonePe's combined UPI market share now below 80%
PhonePe and Google Pay's combined UPI market share has dropped below 80% for the first time, reflecting early progress in NPCI's push to diversify the digital payments ecosystem.
mercoledì 17 giugno 2026·economictimes.indiatimes.com
PhonePe, Google Pay duopoly weakens as market share slips below 80% - The Economic Times
IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fell to 32.7% from 36.1% in May 2025.