Top 10 UPI Mobile apps in India


UPI has grown exponentially in India. Even India has internationalized it and many countries are enabling UPI for transactions. Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI). 

It is an easier to use and completely safe method for transactions. UPI payments are used in big malls to small street vendors. It can even be used to transfer money just by mobile number. To receive money through your mobile number you must complete KYC procedure in your bank. You can receive money instantly in your account without any charges.

There are many applications in India which enable UPI transactions swiftly. In this article we will know about the Top 10 UPI Mobile apps of India.


Airtel Payments UPI App

Airtel Payments Bank

Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi. The company is a subsidiary of Bharti Airtel. On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second schedule of RBI Act, 1934. In September 2017, Airtel Payments Bank launched UPI enabled digital payments to facilitate secure digital payments. 

Customers need to link their bank accounts on BHIM before they can make UPI payments. For UPI-based payments and transfers, customers are not required to furnish their bank details to enable transactions. Airtel Payments Bank has 62 million users and serves them through its digital platform and a retail-based distribution network. 

The Bank has built a network of over 500,000 neighborhood banking points.


Axis Bank UPI App

Axis Bank Apps

Axis Bank Limited, formerly known as UTI Bank, is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. BHIM Axis Pay is a UPI banking app from Axis Bank that lets you transfer money from any bank to any bank account instantly using just a smartphone. You can also make online recharges to prepaid mobile numbers and DTH recharges using BHIM Axis Pay UPI App instantly.

It holds 9th position because its Market share is 0.11% and its transaction value is Rs 12,129,500,000. 


Amazon Pay UPI App

Amazon pay

On 14 February 2019, Amazon launched Amazon Pay Unified Payments Interface (UPI) for Android users in partnership with Axis Bank. This service issues UPI IDs to its Indian customers to allow for secure payments. Mechanism of Amazon Pay UPI is the same as other UPI apps like BHIM, Paytm and PhonePe. Anyone with an Amazon India app can access this service.

Amazon pay holds the transaction value of Rs 67,518,000,000 and holds the market share of 0.63%.




BHIM (Bharat Interface for Money) is an Indian mobile payment app developed by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI). It was launched on 30 December 2016. It was named after the father of Indian constitution Dr Bhimrao Ambedkar. The application supports all Indian banks which use UPI, which is built over the Immediate Payment Service (IMPS) infrastructure and allows the user to instantly transfer money between 170 member banks of any two parties. It can be used on all mobile devices.

It holds the transaction value of Rs.78,239,500,000 and holds the market share of 0.73%.



ICICI Bank Apps

ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels. ICICI Bank has specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. 

It holds the transaction value of Rs.115,092,900,000 and holds the market share of 1.08%.



Yes Bank Apps

Yes Bank is an Indian bank headquartered in Mumbai, India and was founded by Rana Kapoor and Ashok Kapoor in 2004. In October 2017, the bank launched a digital wallet known as Yes Pay, integrating with BHIM and UPI. On 3 November 2017, Yes Bank signed a MoU with the government to provide ₹1,000 crore financing for food processing projects.

Yes Bank continues to focus on digital payments, concentrating on its market share in UPI and IMPS transactions while it plans to disburse ₹10,000 crore in retail and MSME loans in Q3 of FY21. It holds a transaction value of Rs.152,360,400,000 and holds the market share of 1.43%.




CRED is an Indian fintech company, based in Bangalore. Founded in 2018 by Kunal Shah, it is a reward-based credit card payments app. Cred also lets users make house rent payments and provides short-term credit lines. 

It holds the transaction value of Rs.197,164,300,000 and holds the market share of 1.85%.




Paytm is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida. It was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through its QR code, point of sale and online payment gateway offerings.

By 2018, it started allowing merchants to accept Paytm, UPI and card payments directly into their bank accounts at 0% charge.

Paytm won the award for Best UPI App, Most Design User-friendly Fintech App and the Most Innovative Use of Technology at Global Fintech Fest 2022.

It holds the transaction value of Rs.1,111,496,600,000 and holds the market share of 10.43%.



Google Pay

Google Pay (also known as GPay) is a mobile payments application developed by Google. It has been rolled out in India, Singapore, and the United States. As of 2022, it is currently available in 46 countries. In 2022, a companion app named Google Wallet was released.

When the user makes a payment to a merchant, Google Pay does not send the actual payment card number. Instead, it generates a virtual account number representing the user’s account information.

It holds the transaction value of Rs.3,666,690,900,000 and holds the market share of 34.42%.




PhonePe is an Indian digital payments and financial technology company headquartered in Bengaluru, Karnataka, India. It was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016. It is owned by Flipkart. 

The PhonePe app is available in 11 Indian languages. Using PhonePe, users can send and receive money, recharge mobile, DTH, data cards, make utility payments, pay at shops, invest in tax saving funds, liquid funds, buy insurance, mutual funds, gold and silver.

The app served more than 10 crore users as of June 2018, and processed 500 crore transactions by December 2019. It currently has over 35 crore registered users with over 15 crore monthly active users.

It holds the transaction value of Rs.5,247,424,900,000 and holds the market share of 47.33%.

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