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Paytm witnesses surge in digital payments as people avoid touching cash

Updated : March 17, 2020 06:54 PM IST

Reserve Bank of India Governor Shaktikanta Das on Monday asked banks to encourage the use of digital payments.
With a 16 million-strong merchant base, Paytm is seeing more businesses extensively accepting payments online.
Some merchant acquirers such as BharatPe and service providers like Pine Labs have seen a slump in transactions due to shops, malls, eateries remaining shut.
Paytm witnesses surge in digital payments as people avoid touching cash

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