\n
The ecommerce and digital payments company registered 62.9 million transactions and was followed by Yes Bank<\/a> with 22% share at 42.4 million payments, the bankers said, requesting not to be named. Yes Bank’s transactions are mainly generated through Flipkart-owned payment application PhonePe.
\n
Overall, UPI recorded a 6.7% jump in transactions from the 178 million recorded in March, according to the National Payments Corporation of India (NPCI). The NPCI shares data on the overall UPI transactions<\/a>, it does not divulge the share of each company.
\n
\n
\n
The executives cited earlier said messaging application WhatsApp<\/a>, which is running a beta product on UPI in partnership with ICICI Bank, clocked about 1,70,000 transactions in April. Its score for February and March was both around 1,90,000.
\n
Other private sector banks like Axis Bank<\/a>, HDFC Bank and ICICI Bank have been generating strong volumes as well.
\n
While Axis Bank clocked 26.3 million transactions, it was 16.7 million for HDFC Bank and 15.6 million for ICICI Bank. ‘Google Tez’, which uses the services of Axis Bank, ICICI, HDFC Bank and State Bank of India<\/a> for UPI, could have contributed to these numbers. Tez has recorded 350 million UPI transactions since inception and has 16 million monthly active users, said a company spokesperson. Emailed queries to NPCI and WhatsApp remained unanswered till as of press time on Monday.
\n
\nA closer look at the numbers shows that Paytm has been generating consistently high volume of UPI payments, having clocked 68 million transactions in February and 51.2 million in January. Since its launch in 2016, UPI has emerged as one of the major driving forces for retail digital payments in the country, having jumped to 190 million transactions from as low as 7 million in April last year.
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\nWhile on the one hand private companies are showing decent traction on UPI, Bharat Interface for Money or BHIM, which is run by the NPCI and receives support from the central government, has been showing very slow rate of growth. As per NPCI data, BHIM clocked 12.6 million transactions in April against 11 million in March and 9.8 million in February.\n\n<\/body>","next_sibling":[{"msid":64072646,"title":"Delhi High Court refuses to stall Vodafone\u2019s second arbitration in UK","entity_type":"ARTICLE","link":"\/news\/delhi-high-court-refuses-to-stall-vodafones-second-arbitration-in-uk\/64072646","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":64072720,"entity_type":"ARTICLE","title":"Paytm accounts for third of the 190-million UPI transactions","synopsis":"The ecommerce and digital payments company registered 62.9 million transactions and was followed by Yes Bank with 22% share at 42.4 million payments.","titleseo":"telecomnews\/paytm-accounts-for-third-of-the-190-million-upi-transactions","status":"ACTIVE","authors":[{"author_name":"Pratik Bhakta","author_link":"\/author\/479242111\/pratik-bhakta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479242111.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479242111,"author_name":"Pratik Bhakta","author_seo_name":"pratik-bhakta","designation":"Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-05-08 08:41:18","lastupd":"2018-05-08 08:42:44","breadcrumbTags":["paytm","WhatsApp","Yes Bank","axis bank","MVAS\/Apps","Bengaluru","state bank of india","UPI transactions"],"secinfo":{"seolocation":"telecomnews\/paytm-accounts-for-third-of-the-190-million-upi-transactions"}}" data-authors="[" pratik bhakta"]" data-category-name="" data-category_id="" data-date="2018-05-08" data-index="article_1">
班加罗尔:Paytm已成为中国最喜欢数字支付平台4月,占三分之一的1.9亿年统一支付接口(UPI)的交易记录在这个月,据银行家。
电子商务和电子支付公司注册6290万个事务,紧随其后是的,银行以22%的份额在4240万年支付,银行家们表示,要求不透露姓名。对银行的交易主要是通过生成Flipkart-owned PhonePe付款应用程序。
总的来说,UPI记录交易增长6.7%从1.78亿年3月记录,根据国家支付印度公司(NPCI)。NPCI股票总体上的数据UPI事务,它不透露每个公司的份额。
高管说早些时候援引消息传递应用程序WhatsApp运行一个测试产品在UPI与ICICI银行合作,4月份达到大约70000个事务。2月和3月的分数是大约90000人。
其他私人部门银行Axis银行HDFC银行ICICI银行已经产生强烈的卷。
虽然Axis银行以2630万次交易,这是1670万年HDFC银行ICICI银行和1560万。“谷歌特斯”,它使用Axis的服务银行ICICI HDFC银行印度国家银行UPI,可能导致这些数字。特斯已经记录了3.5亿之后的UPI事务初始和每月有1600万活跃用户,公司发言人说。邮件查询NPCI和WhatsApp仍然悬而未决的周一到新闻时间。
仔细看看这些数字表明Paytm已经产生持续大量的UPI支付,已经矗立在2月和5120万年1月6800万个事务。自2016年推出以来,UPI已成为零售电子支付的主要驱动力之一,从低至700万年跃升至1.9亿个事务去年4月。
然而私营企业一方面显示出像样的UPI牵引,为金钱或BHIM巴拉特接口,这是由NPCI和接收来自中央政府的支持,已经显示出非常缓慢的增长速度。按NPCI数据,BHIM达到1260万个事务对4月1100万年2月和980万年3月。
电子商务和电子支付公司注册6290万个事务,紧随其后是的,银行以22%的份额在4240万年支付,银行家们表示,要求不透露姓名。对银行的交易主要是通过生成Flipkart-owned PhonePe付款应用程序。
总的来说,UPI记录交易增长6.7%从1.78亿年3月记录,根据国家支付印度公司(NPCI)。NPCI股票总体上的数据UPI事务,它不透露每个公司的份额。
高管说早些时候援引消息传递应用程序WhatsApp运行一个测试产品在UPI与ICICI银行合作,4月份达到大约70000个事务。2月和3月的分数是大约90000人。
其他私人部门银行Axis银行HDFC银行ICICI银行已经产生强烈的卷。
虽然Axis银行以2630万次交易,这是1670万年HDFC银行ICICI银行和1560万。“谷歌特斯”,它使用Axis的服务银行ICICI HDFC银行印度国家银行UPI,可能导致这些数字。特斯已经记录了3.5亿之后的UPI事务初始和每月有1600万活跃用户,公司发言人说。邮件查询NPCI和WhatsApp仍然悬而未决的周一到新闻时间。
仔细看看这些数字表明Paytm已经产生持续大量的UPI支付,已经矗立在2月和5120万年1月6800万个事务。自2016年推出以来,UPI已成为零售电子支付的主要驱动力之一,从低至700万年跃升至1.9亿个事务去年4月。
然而私营企业一方面显示出像样的UPI牵引,为金钱或BHIM巴拉特接口,这是由NPCI和接收来自中央政府的支持,已经显示出非常缓慢的增长速度。按NPCI数据,BHIM达到1260万个事务对4月1100万年2月和980万年3月。
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