The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
BusinessNation

India tops world rankings for digital payments with 89.5 million transactions in 2022

by TLN Team June 10, 2023June 10, 2023
written by TLN Team June 10, 2023June 10, 2023
India tops world rankings for digital payments with 89.5 million transactions in 2022

India has emerged as the leader in digital payments among five countries, recording 89.5 million transactions in 2022, according to data from MyGovIndia. The country accounted for 46% of global real-time payments, surpassing the combined transactions of the other four leading nations.

MyGovIndia celebrated India’s dominance in the digital payment landscape, attributing it to innovative solutions and widespread adoption. Brazil ranked second on the list with 29.2 million transactions, followed by China with 17.6 million. Thailand secured the fourth spot with 16.5 million digital transactions, and South Korea recorded 8 million worth of transactions.

MyGovIndia is a citizen engagement platform of the Government of India, focused on soliciting ideas and grassroots contributions for the nation’s progress. Prime Minister Narendra Modi had previously highlighted India’s leadership in digital payments, citing the country’s affordability of mobile data and the transformation of its rural economy. The Reserve Bank of India also recognized India’s payment ecosystem’s strength and acceptance through its milestones in value and volume.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
The second annual army recruitment in the country starts from Nagpur
next post
A Detailed Review of The Best Mobile Betting App in India – Melbet

You may also like

Guess the Prize Money for the ODI World...

September 23, 2023

The government extends the date of ITR filing...

September 23, 2023

Royal Enfield bikes can be rented now! 

September 22, 2023

Rang 2023: All India’s Largest creative challenge for...

September 22, 2023

LINKING AADHAAR NUMBERS WITH ELECTORAL ROLLS IS NOT...

September 22, 2023

Do not give platform to persons charged with...

September 22, 2023

India suspends Canadian Visa service amid tension

September 21, 2023

Maha to get 96 women MLAs post-quota bill;...

September 21, 2023

Railways hike ex-gratia for train accident victims

September 21, 2023

Interaction Meeting with Ms Ebtesam Alkaabi, Head of...

September 20, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Trending News

  • Heavy Rain – Alert by NMC

    September 23, 2023
  • Holiday announced for schools & colleges in Nagpur district

    September 23, 2023
  • DCM Devendra Fadnavis is continuously monitoring the heavy rain situation in Nagpur.

    September 23, 2023
  • Streets, Houses Submerged After Heavy Rain In Nagpur

    September 23, 2023
  • National Cinema Day will allow viewers to watch movies for Rs99 per admission

    September 22, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.