UPI transactions grew by 52% in H1 CY24, PhonePe, GooglePay dominates app share: Report

UPI transactions in India surged 52 per cent year-on-year to 78.97 billion in the first half of 2024, with transaction value increasing 40 per cent to Rs 116.63 trillion, reveals Worldline India’s latest report. PhonePe and Google Pay remain the leading UPI apps, collectively dominating market share alongside Paytm.