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Digital transactions could reach Rs 15 trillion a day by 2025: RBI

Daily transactions average 100 million now for a volume of Rs 5 trillion; just before Covid, they daily were averaging 125 million a day, or more than five times the volume in June 2016

The World Health Organisation has advised switching to contactless payments too | File photo
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Digital payments include transactions done through credit and debit cards, apart from various mobile payment modes

Mumbai
4 min read Last Updated : Jul 22 2020 | 10:43 PM IST
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Payments through digital modes are expected to jump to 1.5 billion transactions, worth Rs 15 trillion a day in five years, the Reserve Bank of India (RBI) estimates.

The daily

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Topics : Coronavirus RBI digital transactions COVID-19

First Published: Jul 22 2020 | 7:02 PM IST

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