GO

Ecosystem Statistics

Filter:

AutoPay Banks Performance (Dec'23)
AutoPay Remitter Banks - Mandate Registration (Dec'23)
Sr. No. Remitter Bank Total Volume Approved% BD% TD%
1 State Bank Of India 36,49,053 99.59% 0.41% 0.00%
2 HDFC Bank Ltd 15,88,421 99.84% 0.16% 0.00%
3 ICICI Bank 8,74,269 99.14% 0.86% 0.00%
4 Paytm Payments Bank 7,72,399 99.96% 0.04% 0.00%
5 Punjab National Bank 7,62,519 99.95% 0.05% 0.00%
6 Bank of Baroda 7,43,999 96.83% 3.17% 0.00%
7 Union Bank of India 7,31,460 99.52% 0.48% 0.00%
8 Kotak Mahindra Bank 7,10,340 99.71% 0.29% 0.00%
9 Axis Bank Ltd 6,66,627 99.75% 0.25% 0.00%
10 Canara Bank 5,66,817 99.30% 0.70% 0.00%
11 Bank of India 3,89,631 99.24% 0.76% 0.00%
12 Indian Bank 3,53,948 99.66% 0.34% 0.00%
13 Federal Bank 2,47,549 99.75% 0.25% 0.00%
14 India Post Payment Bank 2,40,423 97.84% 2.16% 0.00%
15 Central Bank Of India 2,26,174 95.42% 4.58% 0.00%
16 UCO Bank 1,70,475 99.64% 0.36% 0.00%
17 Indian Overseas Bank 1,60,633 99.09% 0.91% 0.00%
18 IDBI Bank Limited 1,59,065 99.40% 0.60% 0.00%
19 IndusInd Bank 1,50,905 91.77% 8.23% 0.00%
20 Bank of Maharashtra 1,24,227 99.03% 0.97% 0.00%
21 IDFC FIRST Bank 99,001 99.94% 0.06% 0.00%
22 Karnataka Bank 86,288 86.30% 13.70% 0.00%
23 Yes Bank Ltd 85,776 99.67% 0.33% 0.00%
24 Karur Vysya Bank 74,235 99.27% 0.73% 0.00%
25 Equitas Small Finance Bank 57,676 53.95% 46.05% 0.00%
26 South Indian Bank 55,052 99.86% 0.14% 0.00%
27 AU Small Finance bank 47,020 99.97% 0.03% 0.00%
28 City Union Bank 44,356 99.82% 0.18% 0.00%
29 Punjab and Sind Bank 44,325 89.90% 10.10% 0.00%
30 Standard Chartered 43,523 98.96% 1.04% 0.00%
31 DBS Bank Ltd 37,440 99.94% 0.06% 0.00%
32 Tamilnad Mercantile Bank 30,971 99.38% 0.62% 0.00%
33 Saraswat Bank 23,002 99.27% 0.73% 0.00%
34 Fincare Small Finance Bank 22,709 99.48% 0.52% 0.00%
35 Andhra Pradesh Grameena Vikas Bank 22,230 97.97% 2.03% 0.00%
36 Rajasthan Marudhara Gramin Bank 21,392 99.58% 0.42% 0.00%
37 Jio Payments Bank 18,647 99.79% 0.21% 0.00%
38 Andhra Pragathi Grameena Bank 15,612 99.58% 0.42% 0.00%
39 HSBC Bank 15,502 99.75% 0.25% 0.00%
40 Kerala Gramin Bank 15,458 99.80% 0.20% 0.00%
41 RBL Bank 15,337 96.12% 3.88% 0.00%
42 Maharashtra Gramin Bank 14,261 99.12% 0.88% 0.00%
43 Pragathi Krishna Gramin Bank 13,604 99.81% 0.19% 0.00%
44 Cosmos Bank 11,649 88.28% 11.72% 0.00%
45 NSDL Payments Bank 11,581 89.54% 10.46% 0.00%
46 Catholic Syrian Bank 8,171 87.87% 12.13% 0.00%
47 TJSB Sahakari Bank Ltd 8,027 99.09% 0.91% 0.00%
48 Dhanlaxmi Bank Ltd 7,374 89.80% 10.20% 0.00%
49 Karnataka Vikas Grameena Bank 6,221 99.69% 0.31% 0.00%
50 Suryoday Small Finance Bank Ltd. 5,403 99.91% 0.09% 0.00%

Remarks

  • Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.
AutoPay Remitter Banks - Mandate Execution (Dec'23)
Sr. No. Remitter Bank Total Volume Approved% BD% TD%
1 State Bank Of India 2,69,98,410 53.36% 45.65% 1.08%
2 HDFC BANK LTD 98,59,995 67.73% 31.88% 0.41%
3 Kotak Mahindra Bank 71,13,933 41.73% 57.78% 0.63%
4 Paytm Payments Bank 68,30,872 31.18% 68.55% 0.27%
5 Bank of Baroda 66,97,653 45.66% 53.78% 0.68%
6 Union Bank of India 60,80,847 46.42% 52.60% 0.98%
7 Punjab National Bank 59,33,318 49.12% 50.57% 0.44%
8 ICICI Bank 56,55,017 69.52% 30.15% 0.33%
9 Axis Bank Ltd. 47,19,987 58.68% 41.19% 0.16%
10 Canara Bank 41,34,388 51.17% 48.38% 0.51%
11 Bank of India 33,72,478 49.84% 49.53% 0.63%
12 Indian Bank 28,55,604 44.98% 54.56% 0.46%
13 India Post Payment Bank 25,43,388 20.48% 76.48% 3.24%
14 Federal Bank 19,43,343 41.50% 58.24% 0.38%
15 Central Bank Of India 17,99,795 41.45% 56.17% 5.46%
16 IDBI Bank Limited 13,66,785 41.47% 39.59% 22.07%
17 INDUSIND BANK 13,48,362 43.90% 54.50% 1.69%
18 Indian Overseas Bank 11,37,518 48.08% 50.96% 3.34%
19 UCO Bank 11,16,095 42.28% 55.30% 2.43%
20 Bank of Maharashtra 9,56,851 48.28% 50.81% 3.83%
21 IDC 8,71,422 44.14% 55.13% 0.72%
22 Yes Bank Ltd 7,27,306 44.86% 51.95% 3.23%
23 Karnataka Bank 5,77,295 51.89% 46.43% 1.68%
24 Punjab and Sind Bank 4,05,266 37.16% 60.60% 2.24%
25 Equitas Bank 3,89,239 26.41% 73.56% 0.03%
26 Karur Vysya Bank 3,59,671 55.15% 42.92% 1.92%
27 South Indian Bank 3,34,167 46.68% 53.29% 0.58%
28 DBS Bank India Limited 3,15,770 44.60% 54.52% 0.90%
29 City Union Bank 2,53,916 50.54% 48.17% 2.26%
30 AU small Finance Bank 2,48,050 49.04% 50.53% 1.07%
31 RBL 2,44,103 15.12% 13.04% 73.45%
32 Fincare Small Finance Bank Ltd 2,29,954 17.36% 81.09% 1.55%
33 Rajasthan Marudhara Gramin Bank 2,03,740 34.65% 64.24% 1.11%
34 Tamilnad Mercantile Bank 1,89,021 49.62% 50.12% 0.28%
35 Standard Chartered 1,80,178 74.05% 24.77% 1.17%
36 Andhra Pradesh Grameena Vikas Bank 1,66,246 33.75% 64.76% 1.50%
37 Saraswat Bank 1,63,348 54.53% 44.83% 0.65%
38 Maharashtra Gramin Bank 1,44,265 27.55% 69.67% 2.78%
39 Andhra Pragathi Grameena Bank 1,04,799 31.82% 64.10% 4.08%
40 UTKARSH SMALL FINANCE BANK LIMITED 1,00,961 19.23% 79.97% 10.11%
41 Pragathi Krishna Gramin Bank 92,897 47.53% 52.17% 0.43%
42 NSDL Payments Bank 92,075 19.01% 79.72% 1.27%
43 Jio Payments Bank 91,485 26.39% 73.56% 0.06%
44 HSBC 91,118 72.36% 26.99% 0.67%
45 CHATISGARH R G BANK 81,897 33.13% 65.96% 0.91%
46 Karnataka Vikas Grameena Bank 66,857 26.31% 65.85% 7.84%
47 TJSB Sahakari Bank Ltd 63,708 51.27% 47.91% 0.82%
48 Kerala Gramin Bank 63,074 49.48% 50.25% 0.47%
49 Telangana Grameena bank 59,562 36.68% 61.44% 1.88%
50 Suryoday Small Finance Bank Ltd. 54,938 24.82% 74.64% 0.54%

Remarks

  • Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

  • Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds etc. Or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline.
  • Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP Wise Registration
UPI Autopay Registration - Payer PSP Performance (Dec'23)
Sr. No. Payer PSP Total Volume Approved % BD % Th %
1 Yes Bank Ltd 42,76,068 93.53% 6.40% 0.00%
2 Paytm Payments Bank 41,18,577 93.37% 6.50% 0.00%
3 Axis Bank Ltd 24,34,319 91.11% 8.76% 0.00%
4 ICICI Bank 21,01,651 91.83% 8.11% 0.00%
5 HDFC Bank Ltd 12,59,033 88.46% 11.50% 0.00%
6 State Bank Of India 10,03,448 85.10% 14.85% 0.00%
7 BHIM 1,30,668 94.39% 5.54% 0.00%
8 Jio Payments Bank 26,728 82.50% 17.49% 0.00%
9 IndusInd Bank 10,757 98.32% 1.68% 0.00%
10 DBS Bank India Limited 3,013 96.28% 3.55% 0.00%
11 Canara Bank 1,828 94.58% 5.14% 0.00%
12 Central Bank Of India 1,292 89.63% 10.37% 0.00%
13 Bank of India 919 91.95% 7.62% 0.00%
14 Punjab National Bank 54 48.15% 31.48% 0.00%
15 Dhanlaxmi Bank Ltd 18 66.67% 16.67% 0.00%
16 Equitas Small Finance Bank 18 100.00% 0.00% 0.00%
UPI Autopay Registration - Payee PSP Performance (Dec'23)
Sr. No. Payee PSP Total Volume Approved % BD % TD %
1 Paytm Payments Bank 35,83,301 100.00% 0.00% 0.00%
2 ICICI Bank 31,55,090 100.00% 0.00% 0.00%
3 Yes Bank Ltd 28,30,178 100.00% 0.00% 0.00%
4 Axis Bank Ltd 22,50,622 100.00% 0.00% 0.00%
5 HDFC Bank Ltd 19,54,420 100.00% 0.00% 0.00%
6 IndusInd Bank 3,27,908 100.00% 0.00% 0.00%
7 IDFC FIRST Bank 30,192 100.00% 0.00% 0.00%
8 Kotak Mahindra Bank 7,994 100.00% 0.00% 0.00%
9 HSBC Bank 7,976 100.00% 0.00% 0.00%

Glossary

  • Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account etc. Or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline.
  • Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
  • PSP - Payment Service Provider
  • Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
  • Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.
PSP Wise Execution
UPI Autopay Execution - Payer PSP Performance (Dec'23)
Sr. No. Payer PSP Total Volume Approved % BD % TD %
1 Yes Bank Ltd 1,97,36,877 99.12% 0.88% 0.00%
2 Paytm Payments Bank 1,45,40,024 98.41% 1.59% 0.00%
3 Axis Bank Ltd 77,34,016 97.71% 2.29% 0.00%
4 ICICI Bank 71,37,950 97.56% 2.43% 0.01%
5 HDFC Bank Ltd 36,70,482 98.92% 1.04% 0.04%
6 State Bank Of India 21,04,895 95.28% 4.64% 0.09%
7 BHIM 4,90,748 87.17% 12.77% 0.06%
8 Jio Payments Bank 37,246 58.82% 0.45% 40.74%
9 DBS Bank India Limited 11,928 56.91% 43.08% 0.01%
10 IndusInd Bank 10,449 99.01% 0.99% 0.00%
11 Canara Bank 4,626 98.83% 1.12% 0.04%
12 Bank of India 1,861 63.51% 36.49% 0.00%
13 Central Bank Of India 1,110 95.41% 4.59% 0.00%
14 Punjab National Bank 112 100.00% 0.00% 0.00%
15 Dhanlaxmi Bank Ltd 63 96.83% 3.17% 0.00%
16 Equitas Small Finance Bank 18 100.00% 0.00% 0.00%
UPI Autopay Execution - Payee PSP Performance (Dec'23)
Sr. No. Payee PSP Total Volume Approved % BD % TD %
1 Yes Bank Ltd 2,08,30,861 99.99% 0.00% 0.01%
2 Paytm Payments Bank 1,24,75,261 99.97% 0.01% 0.01%
3 ICICI Bank 93,42,407 99.89% 0.00% 0.11%
4 HDFC Bank Ltd 66,62,621 99.61% 0.09% 0.30%
5 Axis Bank Ltd 43,60,400 99.93% 0.06% 0.01%
6 IndusInd Bank 7,96,349 99.46% 0.02% 0.52%
7 IDFC FIRST Bank 66,254 100.00% 0.00% 0.00%
8 Kotak Mahindra Bank 22,791 99.95% 0.03% 0.02%
9 HSBC Bank 17,496 99.79% 0.03% 0.18%

Glossary

  • Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account etc. Or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline.
  • Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
  • PSP - Payment Service Provider
  • Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
  • Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.