Pictures : Growth of Digital Payments in India

1 year ago

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  • Digital payments in India have seen significant growth in recent years, driven by the government's push for a cashless economy. The Indian government launched the Unified Payments Interface (UPI) in 2016, which has since become the most popular digital payment method in India. UPI allows for instant money transfer between bank accounts through a mobile device. Other popular digital payment methods in India include e-wallets, such as Paytm and Google Pay, and credit/debit card payments. The Indian government has also launched several initiatives to promote digital payments, such as the BHIM app and the BharatQR code.
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