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Pay by app: The risks and rewards as Indians chuck cash, go digital

There are 238 digital payment apps to choose from if you still haven't downloaded one for your smartphone

Topics
Digital payments revolution | Digital Payments | Digital payment problems

Karan Choudhury & Neha Alawadhi  |  Bengaluru and New Delhi 



India lags on per capita digital transactions, but is on the track
The growth in digital money and transaction platforms has been at lightning speed considering that it took India almost four decades to have 40 million credit card users

In 2015, there were fewer than 40 digital money apps in India. Search in your phone’s app store now and you will find 238 options.

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First Published: Thu, September 05 2019. 15:22 IST

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