Significant Growth in India’s Digital Payments as of March 2024
Monday, 29 July 2024, 07:21
Digital Payments Growth in India
As of March 31, 2024, India's digital payments experienced a significant rise of 12.6% compared to the previous year. This growth reflects various advancements.
Key Statistics
- RBI Digital Payment Index (DPI): 445.5
- Year-over-Year Increase: 12.6%
Conclusions
This development demonstrates the country’s improvements in payment infrastructure and performance, strengthening India's position in the digital payments arena.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.