Rewards drive UPI app choice as Amazon Pay leads satisfaction, survey finds

An Empower India survey says 89% of UPI users weigh rewards and cashback when choosing a payments app, while 83% would switch for better offers. Amazon Pay ranked highest on rewards satisfaction, sharpening competition with Google Pay, PhonePe and Paytm.

— Filed Thu, 23 Jul, 2026, 16:18 IST · Source Business Today · Latest · Updated

An Empower India survey finds rewards and cashback are central to UPI app selection and retention. Amazon Pay led rewards satisfaction, while Google Pay led redemption satisfaction; PhonePe and Google Pay performed strongly on trust and security, intensifying competition for Indian payment users.

Why this matters

With no related recent signals supplied, the Empower India survey establishes a baseline for Amazon Pay: rewards satisfaction is a key differentiator in UPI app choice.

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