The app currently holds about 43% of the Indian market share, followed by the Walmart's PhonePe.
India was overtaken by U.S. to become Google Pay's largest generator of the users , according to app intelligence firm Apptopia.
The Google-owned digital payment platform added nearly three lakhs new users in the U.S. in single day last week , compared to about two lakh new users in India on the same day.
Google Pay was launched seven years ago as a basic payment app with primary users in Russia , followed by the U.S. Google phased out the old app, revamped it with new features in 2017 , with Indian users downloading it more then 30 crores times, compared to 57 lakh times in U.S.
The app is offering several added features at present including 'tap to pay ' , personal finance aggregation , and $21 referral bonus to encourage app installs in the U.S. the app also surpassed other American payment wallets like Venmo and Cash App in the U.S. this month , according to apptopia.
Google Pay stood first in India in terms of number of transactions ,garnering nearly 96 crore transactions , according to the National Payment Corporation of India (NPCI). The app currently holds 43% of The Indian market share , followed by Walmart's PhonePe.
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