Paytm President: Going From Mobile Payments To India’s Connected Commerce Ecosystem
PYMNTS
SEPTEMBER 28, 2020
But several years of a regulatory push have combined with the increasing presence of India’s Unified Payments Interface (UPI) and six months of COVID-19 to markedly reduce Indian consumers’ fondness for “dirty” cash. Coupled with a global spike in contactless payment methods, India is seeing a massive shift away from cash.
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