UPI app market share

PhonePe handled 45.87% of payer-app UPI transactions in August 2026

Observations: August 2026

UPI is India’s shared instant-payments network. This ranking measures the app used to initiate a payment, not the recipient’s app, app revenue or unique customers.

What the figures measure

Shares use the official payer-app transaction total as their denominator. They should not be recalculated using a newer month’s headline network total.

Each comparison snapshot has its own date. An app absent from a snapshot has no reported observation here; absence is not zero.

The ten largest payer apps

01PhonePe45.87%
02Google Pay32.43%
03Paytm8.07%
04Navi4.42%
05super.money1.73%
06BHIM1.04%
07FamApp0.92%
08WhatsApp0.75%
09Axis Bank Apps0.6%
10CRED0.59%

data.indiadispatch.com

Payer apps in August 2026

AppTransactionsVolume share
PhonePe11.19 billion45.87%
Google Pay7.91 billion32.43%
Paytm1.97 billion8.07%
Navi1.08 billion4.42%
super.money421.87 million1.73%
BHIM253.69 million1.04%
FamApp223.31 million0.92%
WhatsApp183.69 million0.75%
Axis Bank Apps146.78 million0.6%
CRED143.94 million0.59%
Kotak Mahindra Bank Apps137.79 million0.57%
Amazon Pay95.93 million0.39%
Slice Small Finance Bank Apps78.55 million0.32%
HDFC Bank Apps71.99 million0.3%
Mobikwik68.61 million0.28%
ICICI Bank Apps63.6 million0.26%
IDFC Bank Apps53.07 million0.22%
Yes Bank Apps50.53 million0.21%
State Bank of India Apps29.57 million0.12%
Unity Small Finance Bank Apps20.35 million0.08%

data.indiadispatch.com

Comparison snapshot: February 2026

AppTransactionsVolume share
PhonePe9.28 billion46.51%
Google Pay6.77 billion33.9%
Paytm1.6 billion7.99%
Navi650.28 million3.26%
super.money289.32 million1.45%
BHIM175.93 million0.88%
FamApp149.06 million0.75%
CRED145.98 million0.73%
Axis Bank Apps132.11 million0.66%
WhatsApp112.89 million0.57%
Kotak Mahindra Bank Apps102 million0.51%
Amazon Pay75.81 million0.38%
HDFC Bank Apps66.94 million0.34%
Mobikwik65.81 million0.33%
Slice Small Finance Bank Apps42.57 million0.21%
Yes Bank Apps42.07 million0.21%
ICICI Bank Apps39.95 million0.2%
IDFC Bank Apps37.41 million0.19%
India Post Payments Bank Apps16.52 million0.08%
Airtel Payments Bank Apps16.33 million0.08%
Groww16.3 million0.08%
State Bank of India Apps15.7 million0.08%
Bajaj Finserv13.01 million0.07%
Samsung Pay10.29 million0.05%
RBL Bank Apps10.03 million0.05%
Pop Upi8.48 million0.04%
Federal Bank Apps6.7 million0.03%
Jio Payments Bank Apps6.64 million0.03%
Jupiter Money5.35 million0.03%
Deutsche Bank Apps4.85 million0.02%
Ind Money3.7 million0.02%
Canara Bank Apps3.61 million0.02%
Others3.04 million0.02%
Money View2.83 million0.01%
Bharat Pe2.72 million0.01%
Kiwi2.65 million0.01%
Jammu and Kashmir Bank Apps2.65 million0.01%
KreditBee2.44 million0.01%
Flipkart UPI2.39 million0.01%
Suryoday Bank Apps2.37 million0.01%
Punjab National Bank Apps1.96 million0.01%
Fi Money1.92 million0.01%
Aditya Birla Capital Digital1.87 million0.01%
Omni Card1.77 million0.01%
Indian Bank Apps1.45 million0.01%
Bank of Baroda Apps1.44 million0.01%
Digikhata1.31 million0.01%
HSBC Bank Apps1.25 million0.01%
Timepay1.23 million0.01%
IndusInd Bank Apps1.17 million0.01%
NSDL Payments Bank Apps960,000<0.01%
AU Small Finance Bank Apps850,000<0.01%
Union Bank Apps840,000<0.01%
South Indian Bank Apps840,000<0.01%
Freo770,000<0.01%
Shri Ram One710,000<0.01%
Kredit Pe670,000<0.01%
Jar630,000<0.01%
UCO Bank Apps570,000<0.01%
One Card570,000<0.01%
DBS Digibank Apps550,000<0.01%
Fino Payments Bank Apps520,000<0.01%
Salary Se480,000<0.01%
Central Bank of India Apps470,000<0.01%
Rapipay470,000<0.01%
Standard Chartered Bank Apps460,000<0.01%
Spice Money390,000<0.01%
ESAF Small Finance Bank Apps350,000<0.01%
Tata Pay290,000<0.01%
Bank of India Apps260,000<0.01%
Karnataka Bank Apps260,000<0.01%
IDBI Bank Apps190,000<0.01%
Obopay190,000<0.01%
Saathi by PayNearBy190,000<0.01%
True Balance190,000<0.01%
Dhani190,000<0.01%
TwidPay140,000<0.01%
Karur Vysya Bank Apps130,000<0.01%
Indian Overseas Bank Apps120,000<0.01%
Payworld120,000<0.01%
Tamilnad Mercantile Bank Apps100,000<0.01%
City Union Bank Apps80,000<0.01%
Cheq80,000<0.01%
Bank of Maharashtra Apps60,000<0.01%
Equitas Small Finance Bank Apps60,000<0.01%
Lxme50,000<0.01%
Curie Money50,000<0.01%
Ultracash50,000<0.01%
Unity Small Finance Bank Apps50,000<0.01%
Fave40,000<0.01%
Zet30,000<0.01%
Punjab Sind Bank Apps30,000<0.01%

data.indiadispatch.com

Source: National Payments Corporation of India. India Dispatch Research.

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