Currency in circulation during Diwali dips 2nd time straight in 20 yrs
Dip attributed to changing payment system, including the emergence of UPI, wallets & QR code, which has made it simple and cheaper to transfer money digitally
online transactions
November 2023
October 2022
December 2021
April 2021
India records 20.5 bn online transactions worth ₹36 lakh cr in Q2
In terms of merchant transactions, UPI P2M emerged as the preferred payment mode, with a market share of 34% in volume and 17% in terms of value, says the Worldline’s India Digital Payment report.
UPI surges; now 51% of digital transactions in India
Financial inclusion: Kerala tops the list with a score of 90.9; Bihar ranks at the bottom with 38.5.
Digital fraud attempts from India up by 28%: Report
According to a report by American consumer credit reporting agency TransUnion, the highest percentage of suspected digital fraudulent transactions originated from Mumbai, Delhi, and Chennai.
