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Paytm emerges as the biggest driving force for UPI in India

We believe in delivering the biggest platform for UPI transactions! • Registers 62.9 million out of 190 million total transactions in April 2018

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Paytm emerges as the biggest driving force for UPI in India

We believe in delivering the biggest platform for UPI transactions!

• Registers 62.9 million out of 190 million total transactions in April 2018

One97 Communications Limited, that owns the brand Paytm, which offers multi-source and multi-destination payment solutions, has emerged as India’s most preferred mobile payments platform in April 2018, accounting for a third of the overall Unified Payments Interface (UPI)-based transactions recorded in the month.

Paytm registered 62.9 million transactions out of 190 million total transactions in the month of April according to the National Payments Corporation of India (NPCI). The company has consistently generated a high volume of UPI payments, emerging as the biggest driving force for UPI. The company is looking to accelerate this growth with its revamped app that makes it even more convenient to make direct bank transfers.




Paytm has evolved from being a wallet company to a full stack payments provider by offering multi-source and multi-destination payment solutions. Its app is currently being used by millions of users to make payments from any Bank account to any Bank Account and to make UPI transactions on Paytm and other popular apps/websites. This vast network of use-cases combined with the company’s aggressive plan to educate users to link their bank accounts and experience instant bank transfers on its app has made it a part of millions of customers’ everyday lives.

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