PhonePe 2nd most downloaded finance app in May after Google Pay - Technogienie.

PhonePe  2nd most  downloaded finance app in may after Google Pay:Reports 


PhonePe is a UPI ( Unified Payment Interface) platform developed by the National Payments Corporation of India (NPCI).


PhonePe 2nd most downloaded finance app in May after Google Pay - Technogienie.

After demonetization on 8th November 2016  the main focus of Indian government was to motivate people to adopt digitalization due to this many people started using Paytm, PhonePe,Bhim UPI,Google Pay for their transactions.

In a sign that people in India are fast adopting digital payment methods a reports says that PhonePe  a Unified Payment Interface (UPI) based app was the second most downloaded app in the world  (finance category) in a month of may after Google Pay.

PhonePe saw more than 4.5 millions downloads in May,which represented a 27% year on year growth from May 2018.

"Like Google Pay Tez, the majority of the installs are from India at 99.4%. PayPal, Cash App and UnionPay made up the rest of the five most installed apps in the finance category," Julia Chan, Mobile Insights Analyst at Sensor Tower, wrote in a blog post on Friday.

PhonePe and Google Pay has so far been downloaded over 10crore times from Google Play Store.

PhonePe 2nd most downloaded finance app in May after Google Pay - Technogienie. PhonePe 2nd most downloaded finance app in May after Google Pay - Technogienie. Reviewed by Technogienie on June 23, 2019 Rating: 5

No comments:

Powered by Blogger.