PhonePe Statistics, User Counts and Facts (2021)

Here are a few of the most interesting PhonePe statistics and facts I was able to dig up including user counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

PhonePe Facts

What is PhonePe?

PhonePe is a mobile payments wallet to transfer money instantly to anyone, using just the mobile and Recharge #. No Cards, No Wallets, No Hassle! (source)

PhonePe User Count

PhonePe number of users:

100 million monthly active users

Last updated 12/3/20

250 million registered users

Last updated 12/3/20

Additional PhonePe Statistics

PhonePe’s share of payment apps and wallets in India:


Last updated March 2019

Average transaction size on PhonePe:


Last updated March 2019

Average number of monthly PhonePe wallet refills:


Last updated March 2019

Number of PhonePe monthly active users:

50 million

Last updated 6/14/19

Number of PhonePe monthly transacting users:

50 million monthly active users

Last updated 8/16/19

Number of PhonePe offline merchants in India:

3 million

Last updated 4/15/19

Number of cities in India that PhonePe has merchants in:


Last updated 4/15/19

Number of monthly transactions on PhonePa:

185 million

Last updated 1/1/19

Total number of transactions on PhonePe:

5 billion

Last updated 12/13/19

Annual total payments value run rate of PhonePe:

$38 billion

Last updated 11/21/18

Amount of funding Flipkart has reportedly committed to PhonePe:

$500 million

Estimated value of PhonePe:

$5.5 billion

Last updated 12/2/20

Please note that some of these numbers are easier to find than others. A few of these PhonePe stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

About Craig Smith

DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other sites include and