Virus boosts digital payments in India where cash ban failed - THEMARKETTRENDZ

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Sunday, 12 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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