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Digital payments in India riding high on success

Digital payments in India riding high on success

UPI-based payments systems are becoming increasingly popular and riding high on success as the digital payments in India has reached to 7% from 2.5%, 3 years ago. Digital payments players like Visa and MasterCard have been hurt due to this surge of UPI based transactions like BHIM app and others. Even though the growth is appreciable in last few years, India is still way behind than its neighbour China.

read more at Financial Express

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