Digital Transactions To Soon Overtake Cash Payments In India

English News 21 Feb 2023 21

Narendra Modi on Tuesday expressed hope that digital transactions will soon surpass cash with UPI..

Prime Minister Narendra Modi on Tuesday expressed hope that digital transactions will soon surpass cash with Unified Payments Interface (UPI) increasingly becoming the most preferred payment mechanism in the country

 
 
 
 
"Many experts are estimating that very soon India's digital wallet transactions are going to overtake cash transactions," he said.

A large number of transactions via UPI demonstrate that this indigenously designed payment system is very secure, he said.

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