In December, a month after demonetisation digital payment companies reported their best growth. Across Paytm, FreeCharge, SBI Buddy, MobiKwik; Paytm was the front-runner garnering 78% of the total time spent on the payment apps. FreeCharge and Mobikwik followed with users spending 14% and 5% of the total time on the apps, according to App Annie .
App downloads of payment apps also continued undeterred with Paytm clocking maximum downloads at 7.2 million.
SBI Buddy outperformed online focussed payment apps with 2.5 million app downloads in December.