Virus boosts digital payments in India where cash ban failed - Business News, Finance News, Share Market News - Market trendz

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Monday 13 July 2020

Virus boosts digital payments in India where cash ban failed

The Reserve Bank of India last year said it aimed to increase digital transactions to about 15% of gross domestic product by 2021, from nearly 10% at the time. The government is aiming for a billion digital transactions per day as the world’s fastest-growing smartphone market empowers consumers to transact at the click of a button.

from Banking/Finance-Industry-Economic Times
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