Phosphoric acid is a weak triprotic acid. The three acidic protons are released in a stepwise manner and are represented in terms of their dissociation constants, ka values.
Step 1: H₃PO₄ ↔ H⁺ + H₂PO₄⁻ Ka₁ = 7.1 *10⁻³
Step 2: H₂PO₄⁻ ↔ H⁺ + HPO₄²⁻ Ka₂ = 6.3 *10⁻⁸
Step 3: HPO₄²⁻ ↔ H⁺ + PO₄³⁻ Ka₃ = 4.5 *10⁻¹³
Since Ka1 is the greatest, the reaction is described by step 1.