Section

Festive season to boost digital payment transactions, notes RBI Bulletin

By Business Standard - a month ago
Digital payment transactions are expected to gain from strong tailwinds with the onset of the festive season, marked by mega e-commerce sales and rising demand from smaller towns and cities. RBI noted in its October Bulletin. Increasingly, consumers in Tier 3 to 6 cities are using digital payment services daily. These developments highlight the vast potential for driving adoption and ensuring sustained usage of digital payments at the grassroots level.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.