India's a digital payments hotspot

Over the past 6-7 years, India has taken big leaps to become a cash-light economy. A nation that was previously dominated by cash transactions has evolved with the dynamic payments’ ecosystem. As consumers and merchants experienced the convenience, safety along with other benefits of digital payments and aspirations to do more surged, the country registered over 21 billion transactions in FY20. Moreover, encouraged by the early achievements of the digital economy, the Government set an even more ambitious target of over 46 billion for the current fiscal. Let us see where do we stand in this journey and what’s in

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