Digital payments in India – Part 2 – The vision for a cash-lite society

2020 started on a good foot for transactions recorded on UPI. January 2020 saw a 7% increase in transaction-value compared to December 2019. Achieving INR 2.16 Trillion, UPI almost reached the value of transactions recorded on IMPS. 

Everything you need to know about digital payments in India – Part 1

Has India well and truly embraced digital payments and become a cashless society because of the ease and convenience they offer? Are digital payments secure? What is the future of digital payments in India? These are the questions we cover in the next few blogs by Sahil, our payments expert.