Digital payments increased by 106 percent since January 2019: Report

Razorpay, “India’s first” converged payments solutions company launched the third edition of its ‘The Era of Rising Fintech’ report in Hyderabad today.
This report provides an in-depth study of the rapidly evolving Fin-Tech ecosystem in India. It analyses the patterns of digital transactions and the impact of industry innovations such as UPI which are harnessing a digitally inclusive economy.
Here are some interesting insights about India’s adoption of digital payments. All findings in this report are based on transactions held on the Razorpay platform.
(AMJ: April-May-June, JAS: July-August-September)