PhonePe Crosses 50 Million Merchants, Strengthens UPI Dominance

Walmart backed fintech firm PhonePe has crossed 50 million registered merchants on its platform, with its network now covering over 98% of India’s postal codes as of April 28, 2026. The milestone comes amid PhonePe’s continued dominance in the Unified Payments Interface (UPI) ecosystem. In March 2026, the company became the first UPI app to … Continue reading PhonePe Crosses 50 Million Merchants, Strengthens UPI Dominance