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UPI transactions will dominate retail digital payments in India by 2027, PwC study reveals

By Puja Sharma

May 31, 2023

  • Bharat Bill Payment System
  • digital payment
  • Fintech news
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The digital payments space has seen a massive boom over the past few years, growing at a compound annual growth rate (CAGR) of 30%., according to the PwC report “The Indian Payments Handbook – 2022-27.” UPI has contributed significantly to this growth, reaching a record 22 billion 2 transactions in 2020–21. UPI transactions are expected […]

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