Despite pandemic-related setbacks over the past two years, digital payments continued to grow across the country, said a new report by Worldline India titled ‘India Digital Payments Report Q3 2021’. The report said India is poised to be one the largest and fastest-growing digital payments markets in the world with 1.18 billion wireless telecom subscriptions. The report also argued that a significant number of transactions are being done through mobile phones in India, thanks to the advent of UPI and the rollout of millions of QRs at physical merchant locations.

Link for the report: https://worldline.com/content/dam/worldline/documents/india/documents/worldline-india-digital-payments-report-Q3-2021.pdf