Paytm on Friday announced that it is the largest contributor to UPI transactions in February 2018.
The mobile payment and money transfer platform supports all payments instrument and has driven the overall growth in BHIM UPI transactions over the past month.
Paytm has registered 68 million UPI transactions in February 2018. Paytm contributed 33 million to the overall transaction volume for UPI in December 2017, 51 million in January 2018 and 68 million in February 18.
Deepak Abbot, Sr. vice president – Paytm said: “Paytm UPI is a part of our efforts to make money transfers simpler, and bring convenient mobile payments to new and existing consumers across India.”