Total Digital Payment transaction value in India is expected to project over USD $300 Bn by 2027. Will India abide by this statistic? : Ken Research 1. M-Wallet transactions are observed to grow at a massive growth rate as it saves time by not adding Card number, CVV, etc. Click to know: Landscape of M-wallets in India Compared to other payment modes in India, M-wallet service providers have emerged as the most significant contributor in promoting electronic payments in the country… Read More »
The total market size for the India Payment service market has risen to approx. INR 73,000 Tn. in 2022. Will India be able to sustain the growth trajectory? 1. Central Bank Digital Currency (CBDC) as India’s official digital Rupee, is further expected to strengthen the Indian payments market Click to Read Article: India Payment Service Market As per Union Budget 2022-23, to boost India’s digital economy, the Reserve Bank of India (RBI) will soon be launching the Central Bank Digital Currency (CBDC) as… Read More »
