UPI preceded credit and debit card transactions..!

Sowmiya Sriram
UPI preceded credit and debit card transactions..!

The Indus Valley Report 2022 is a report on technologies in india and how they are after Corona. The report is published by Bloom Ventures. It contains a lot of important information about money transfer, employment, and internet usage in India. Accordingly, UPI transactions accounted for 43% of wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital transactions in india in the past year. It's much higher than last year's credit and debit card transactions. A further 50% of indians still continue to pay for their transactions, the report said.
Similarly, the average internet service usage in india is 18.4 GB per month, which is higher than the average monthly internet usage in China. It has also been revealed that many people in india have earned a good income through freelancing. The report also found that 70 percent of e-commerce in india has taken place on amazon and flipkart in the past year.
By 2021, india will have raised the US $ 35 billion. This is the number of funds raised by the UK. As well as one-third of the funds raised by China.
Shares of companies including zomato, PolicyBazaar, and paytm have declined in the stock market. Financial services companies have lent up to 6% of their lending services, the report said.

Find Out More:

Related Articles: