India FinTech adoption very high at 87%: FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday said that the government was committed to fostering growth of digital payments in the country, which was evident from its commitment towards the growth of the UPI platform. Sitharaman who was speaking at the Global FinTech Fest also said that India is among the fastest adopters of Fintech.

The Global FinTech Fest, has been organised by Internet and Mobile Association of India (IAMAI), along with its sister organisations Fintech Convergence Council (FCC), Payments Council of India (PCI), and National Payments Corporation of India (NPCI).