A report on Digital Payment in India 2020 by Google indicates that the total digital transactions are expected to reach $500 billion by 2020. Over 300 million bank account holders between 2011-2015 have revolutionized the Indian banking sector and the winds of change continue to blow. Experts are optimistic about a dramatic rise in digital transactions which replaced traditional cash-based structures over the last few years. The digital India we live in today is a beautiful outcome of many technological breakthroughs and several innovative endeavors infused together to make an impact. As a nation, we have come a long way in digitization to transform to a growing “digitally empowered society” and Digital Payments have given us an alleviated platform with a more systematized tr...
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