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India's digital payment transactions jump 23% in last 30 days: Report

During the 101 days of lockdown, March 24-July 2, the online education sector grew by 23 per cent as extended lockdown has led to a rise in demand for online courses

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To ensure health and safety from Covid-19, Indians opted to stay indoors and paid bills online. This contributed to the growth of utilities sector by 163 per cent

IANS Report

2 min read Last Updated : Jul 06 2020 | 8:10 PM IST

Digital payment transactions in India have rebounded by 23 per cent in the last 30 days, full-stack financial solutions company Razorpay said in a report on Monday.

The overall digital transactions declined by 12 per cent in the last 101 days, compared to a 30 per cent drop in the first 30 days of lockdown, said the report titled "101 Days of Covid-19 Era: Impact On Digital Payments".

"The digital payments industry couldn't escape the pandemic crisis, we witnessed a dip of 30 per cent in online payments since the lockdown began, and now seeing a rebound of 23 per

Topics : Digital Payments Online payments

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