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More Indians shift to digital payment systems, UPI fastest to hit 1 billion transactions a month in 2019

Updated : February 28, 2020 05:42 PM IST

Geographically, the shift is led by states like Maharashtra, Karnataka, Tamil Nadu and Delhi with major metropolitan areas in these states like Bengaluru, Chennai, Mumbai, Pune and Delhi leading among top cities.
India recorded a combined transactions value of over Rs 54 lakh crore in 2019 through four online payments modes — debit cards, credit cards, Immediate Payment Services and Unified Payments Interface.
Among states, Maharashtra, Karnataka, Tamil Nadu, Delhi and Andhra Pradesh saw the highest number of transactions during the year while Bengaluru, Chennai, Mumbai, Pune, Hyderabad and Delhi were the top five cities.
More Indians shift to digital payment systems, UPI fastest to hit 1 billion transactions a month in 2019

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