Rising UPI Transactions – Is this Indicative of a Systemic Shift?

Reading Time: 3 minutes During October 2020, UPI transactions in India crossed the 200-crore mark for the very first time. This growth has been driven by factors such as ease of use and minimal hassles. So, does this growth imply that there is a systemic shift in the Indian payments landscape? Or is this a temporary effect of the COVID-19 crisis? Let’s look closer to find answers to these questions.

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