India has globally created a standard that it can move to secure and aatmanirbhar technology to drive payment.
Pre – covid era was when we implemented or tested but it didn’t see much growth. However, COVID-19 boosted digital payment and transaction volumes have increased drastically.
As per the data from RBI, here is a quick analysis:
Key full-form and its understanding
Check the quick analysis on the digital payments from 2020 till March 2022
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