PhonePe developed by the National Payments Corporation of India, was the 2nd most downloaded app in the world in the finance category in May after Google Pay. PhonePe has so far been downloaded over 10 crore times from Google Play. Google Pay, which uses the NPCI's BHIM UPI, has also been downloaded over 10 crore times from Google Play so far. 99% of Google Pay installs occurred in India.
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