{"id":836089,"date":"2024-07-23T09:36:57","date_gmt":"2024-07-23T04:06:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=836089"},"modified":"2024-07-23T09:39:14","modified_gmt":"2024-07-23T04:09:14","slug":"phonepe-google-pay-lose-their-upi-transactions-share-to-new-entrants","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/23\/phonepe-google-pay-lose-their-upi-transactions-share-to-new-entrants\/","title":{"rendered":"PhonePe, Google Pay lose their UPI transactions share to new entrants"},"content":{"rendered":"<p>Walmart Inc.-owned PhonePe and Alphabet Inc.\u2019s Google Pay saw a marginal decline in their share of total transactions processed through India\u2019s unified payments interface in June as smaller players gained traction. <\/p>\n<p>PhonePe\u2019s share in total UPI transactions dropped to 48.37% from 48.67% in May. Google Pay\u2019s portion shrunk to 36.76% from 37.18% in the previous month, according to data released by the National Payments Corporation of India. Overall, the UPI network processed 13.88 billion transactions in June, a 1% drop over the prior month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walmart Inc.-owned PhonePe and Alphabet Inc.\u2019s Google Pay saw a marginal decline in their share of total transactions processed through India\u2019s unified payments interface in June as smaller players gained traction. PhonePe\u2019s share in total UPI transactions dropped to 48.37% from 48.67% in May. Google Pay\u2019s portion shrunk to 36.76% from 37.18% in the previous month, according to data released by the National Payments Corporation of India. Overall, the UPI network processed 13.88 billion transactions in June, a 1% drop over the prior month.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-836089","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=836089"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836089\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=836089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=836089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=836089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}