Digital payments in India is going through the roof, literally. India is already has some wonderful payment processors as UPI, IMPS, RTGS, CTS etc.
In July 2022, the digital payments have seen a growth of whooping 300+% as compared to the base year, 2018.
India has also started with a pilot of CBDC (Central Bank Digital Currency). Stay tuned to Automentum for more news on India’s digital payments story.