UPI over cash: India’s digital payment landscape continues to evolve

  • Cash is on the decline as India becomes a global leader in digital transactions. A new study by Amazon Pay and Kearney reveals how city dwellers are ditching cash for faster, easier digital payments.

Eshani Malik
Published11 Jul 2024, 02:36 PM IST
UPI over cash: India's digital payment landscape continues to evolve
UPI over cash: India’s digital payment landscape continues to evolve(Graphic: Mint)
UPI over cash: India's digital payment landscape continues to evolve
Share of UPI in online digital payments tripled in last six years. 
UPI transforming everyday payments in India
Cash preferred mode for transactions under 500
Cash continues to be the preferred mode for offline purchases.

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First Published:11 Jul 2024, 02:36 PM IST
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