India, June 15 -- PhonePe, Google Pay, and Paytm continued to lead the UPI charts in May, collectively processing more than 2,000 Cr transactions. However, the top three players saw marginal decline in the market share during the month.

While PhonePe continued to lead with 1,073.5 Cr transactions worth Rs.14.67 Lakh Cr during the month under review, its market share declined to 46.5% in May from 47.1% in April.

Google Pay's monthly transaction volume increased 3.1% to 759.8 Cr from 735.9 Cr in April. Its market share went down to 32.9% in May from 33.5% in the previous month.

Similarly, Vijay Shekhar Sharma-led Paytm processed 183.6 Cr transactions worth Rs.1.99 Lakh Cr in May as against 177.8 Cr transactions worth Rs.1.90 lakh Cr in A...