India's digital payments firm PhonePe leads UPI transactions in January

India's digital payments firm PhonePe leads UPI transactions in January

PhonePe co-founder Sameer Nigam. Photo: Livemint

Digital payments firm PhonePe retained its lead in Unified Payments Infrastructure (UPI) payments, clocking a record 968.7 million transactions in January, up 7% sequentially, and processing a total value worth 1.92 trillion, beating rival Google Pay.