UPI emerged as favourite digital payment choice with over 22 billion transactions in 2020-21: Govt in Parliament

88 percent growth in the volume of digital transactions were registered in the country during the last three years. This was stated by Union Minister of State for Finance Dr. Bhagwat Kisanrao Karad in a written reply in the Rajya Sabha today. He said, there has been a paradigm shift in digital transactions in India as a result of the initiatives taken by the Government. He said, UPI has emerged as favourite digital payment choice with over 22 billion transactions in financial year 2020-21. The M...