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    Question

    What percentage of UPI transaction volume is attributed

    to PhonePe, according to RBI analysis?
    A 68% Correct Answer Incorrect Answer
    B 53% Correct Answer Incorrect Answer
    C 45% Correct Answer Incorrect Answer
    D 58% Correct Answer Incorrect Answer
    E 62% Correct Answer Incorrect Answer

    Solution

    PhonePe accounted for 58% of the total UPI transaction volume, as per the RBI's September 2025 bulletin. It also accounted for 53% by value. These figures highlight the dominant role of PhonePe in India’s digital payments landscape.

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