Shivani Gupta NPCI (National Payments Corporation of India)
Finance National News

UPI Drives India’s Mobile Wallet Boom, Market Set To Reach $6.4 Tn By 2028

Data analysis firm GlobalData reports a significant surge in India’s mobile wallet market, with the unified payments interface (UPI). Their report highlights a robust 72.1 per cent compound annual growth rate (CAGR) in the value of mobile wallet payments between 2019 and 2023, reaching Rs 202.8 trillion (USD 2.5 trillion) by 2023. This growth is […]

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