Flipkart-backed super.money rose to become the fifth-largest third-party player on the Unified Payments Interface (UPI), processing 139.10 million transactions in February—less than a year after launching operations, according to data from the National Payments Corporation of India (NPCI).
The Bengaluru-based fintech firm, which has been offering cashbacks on UPI transactions, overtook Cred, which processed 126.48 million the same month.
Initial public offering (IPO)-bound PhonePe continued to corner a majority 47.54 per cent share of the real-time payments system, processing 7.65 billion transactions, followed by Google

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