Chennai: Paytm Payments Bank Limited (PPBL) has said it continues to lead the country’s United Payment Interface (UPI) ecosystem and the FASTag segment, as per data from the National Payments Corporation of India (NPCI) for January 2022.

‘PPBL recorded 957.39 million UPI transactions in January 2022, cementing its position further as the country’s top UPI beneficiary bank. Paytm UPI, powered by PPBL, enables super fast and secure money transfers,’ a company statement said.

It added: ‘The bank also maintained its stronghold in the FASTag segment, with over 4.3 lakh issuances in January 2022. Paytm FASTag has seen this immense popularity as it offers convenience to users by allowing them to directly pay from the Paytm Wallet. Users do not need to create any separate account or download a wallet to recharge their FASTags.’