Informative

PhonePe widens lead over G-Pay in March; CRED’s UPI ranking slips to 7th

Update / Judgement Date

13 Apr 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

BankingStart-Up & DPIIT

PhonePe has widened its lead over Google Pay in March's UPI (Unified Payments Interface) transaction rankings by CRED. In contrast, CRED's own UPI ranking slipped to 7th. This data reflects the dynamic landscape of the digital payments ecosystem in India, with PhonePe maintaining its dominance and CRED, primarily known for credit card bill payments, facing a decline in its UPI usage ranking.

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PhonePe widens lead over G-Pay in March; CRED’s UPI ranking slips to 7th

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