India Is Expected To Transition To A Consumption based Non-cash Economy In The Next Few Years
According to Current Research The Country's Consumer Sector Would Be Non cash By The Year 2026
UPI Payments are increasing everyday, Merchant Transactions are increasing very rapidly.
India would Become A Nearly 50 Non-cash Economy In The world in Next Three Years
Its Annual Transaction Value is Growing at the Rate of Rs 17 Trillion and its Person to Merchant Transactions are Growing at the rate of Rs 380 billion.
Digital Payments has very High Growth and it is almost Double of Previous Year
Government of India continuously encouraging the Cashless Economy, Every Time a New Digital Payment Comes and Enhance the Pace
For Rural Areas RBI/NPCI has launched its "UPI Lite and UPI Lite X" that works offline.
Expansion of business opportunities.Updated public services.Growth of E-Commerce and Businesses.
Benefits of Digital Economy
Credit On UPI, UPI 123 Pay, UPI Lite And UPI ATM Machines Are Expected To Accelerate The India's Cashless Journey