Cred processes 75% more in bill payment value than PhonePe, its nearest competitor
Fintech credit card bill payment app Cred processes 75% more in bill payment value than PhonePe, its nearest competitor. PhonePe is the country’s largest mobile and Unified Payments Interface platform. In May, Cred facilitated Rs 52,000 crore worth of bill payments. In contrast, PhonePe processed Rs 30,000 crore worth of utility bills such as credit cards, electricity, Fastags, loan repayments and telephone bills, among others. This is based on...
2025-07-07T06:40:26Z