WhatsApp's June UPI volumes resurface, showing edge past CRED as PhonePe holds commanding lead
Resurfaced data shows WhatsApp processed 150.48 million UPI transactions in June, ahead of CRED's 141.78 million. PhonePe remained dominant with 10.48 billion transactions and a 46.15% volume share; PhonePe and Google Pay together accounted for 78.76% of UPI volumes.
WhatsApp surpassed CRED in June UPI transaction volume, while PhonePe retained market leadership with 10.48 billion payments. PhonePe and Google Pay together controlled nearly 79% of UPI volume, underscoring their dominance in India’s consumer payments ecosystem.
Why this matters
The UPI comparison follows WhatsApp username concerns that prompted India to ask Meta to pause rollout and reports of muted username impact on D2C and quick-commerce operators, adding payments scale to its commerce narrative.
Retail-company signals are accelerating, up 1,088,500% QoQ.
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