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PhonePe is the Top UPI app for Jan 2024, Check Google Pay, Paytm, Bank Apps Data


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Welcome to the latest update on the top UPI app for January 2024! In this report, we will reveal the leading UPI app based on its performance and popularity during the month. According to the data, PhonePe has emerged as the top UPI app for January 2024. With a commanding market share and impressive transaction numbers, PhonePe has solidified its position as the preferred choice for UPI transactions. As the UPI ecosystem continues to grow, it will be interesting to see how these apps evolve and compete in the coming months.

Top UPI Apps

Application NameCustomer Initiated Transactions
Volume (Mn)Value (Cr)
PhonePe5734.549,06,793.76
Google Pay4442.866,35,945.58
Paytm Payments Bank App1442.411,64,333.33
Cred108.8638,229.82
Axis Bank Apps13.312,775.63
Amazon Pay59.486,288.95
ICICI Bank Apps28.9312,995.05
FAM36.62418.33
HDFC Bank Apps25.055,458.04
BHIM29.988,778.61
Kotak Mahindra Bank Apps28.244,981.01
WhatsApp26.082,132.83
Yes Bank Apps23.0111,585.54
Bajaj Finserv19.872,737.66
Airtel Payments Bank Apps13.24902.32
Groww9.416,540.35
State Bank of India Apps6.102,425.87
Samsung Pay5.73518.32
IDFC Bank Apps5.471,448.50
Federal Bank Apps5.33674.05
Mobikwik5.191,625.48
Jupiter4.97665.54
India Post Payments Bank Apps4.69461.95
Deutsche Bank Apps3.89294.60
Standard Chartered Bank Apps2.61195.77
RBL Bank Apps3.15739.53
Canara Bank Apps2.62758.31
slice2.01407.98
Jio Payments Bank Apps1.51137.62
Punjab National Bank Apps1.32335.60
Indian Bank Apps1.29311.48
SLICE1.2641.97
Omnicard1.1537.16
Bank of Baroda Apps1.14505.93
Union Bank Apps1.11451.70
Navi0.9654.50
Gokiwi0.74105.76
DBS Digibank Apps0.70252.85
Karnataka Bank Apps0.67144.11
AU Small Finance Bank Apps0.66259.49
Central Bank of India Apps0.63150.41
Shriram One0.5931.86
FIFEDERAL0.4757.15
BPAYWALLET0.4388.49
MBK0.3957.77
South Indian Bank Apps0.33105.23
Bank of India Apps0.29108.18
Fino Payments bank Apps0.2931.67
INDIE – Indus Ind0.2542.84
UCO Bank Apps0.2176.62
HSBC Bank Apps0.20117.97
Tamilnad Mercantile Bank Apps0.1232.85
Indian Overseas Bank Apps0.1129.92
Ultracash0.085.95
Citi Bank Apps0.0879.39
Digikhata0.0830.34
TataNeu0.0811.48
City Union Bank Apps0.0825.49
IDBI Bank Apps0.0842.31
Jupiter Edge (LivQuick PPI)0.0514.71
Karur Vysya Bank Apps0.0415.23
NSDL Payments Bank Apps0.045.77
Bank of Maharashtra Apps0.048.06
DHANI0.042.71
PAYTMWALLET0.033.11
MakeMyTrip0.0315.48
Equitas Small Finance Bank Apps0.0323.19
Timepay0.030.33
Allahabad Bank Apps0.036.51
Other Apps0.1331.46
DBDC Apps0.8046.45

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