MyGovIndia predicts that India would have 89.5 million digital transactions in 2022, making it the global leader in this sector
MyGovIndia predicts that India would have 89.5 million digital transactions in 2022, making it the global leader in this sector
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The 10th of June, New Delhi (ANI): According to MyGovIndia statistics, India will have the most digital transactions of any country in 2022, with an estimated 89.5 million.
Data suggests that by 2022, India would be responsible for 46% of all worldwide real-time payments, with its digital payment transactions exceeding those of the next four largest nations put together. When it comes to online financial transactions, India is unrivalled. We are pioneering the transition to a cashless economy via the use of novel solutions that have gained universal acceptance. “#9YearsOfTechForGrowth #9YearsOfSeva@GoI_MeitY@AshwiniVaishnaw@Rajeev_GoI@alkesh12sharma @_DigitalIndia,” MyGovIndia tweeted.

Brazil ranked second with a total of 29.2 million transactions, while China ranked third with a total of 17.6 million.

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According to information gathered by MyGovIndia, Thailand ranks fourth with 16.5 million digital transactions, followed by South Korea with 8 million worth of transactions.

People in India may contribute to the progress of Surajya, the Indian Dream, using the Government of India’s citizen engagement portal MyGovIndia.

India’s Prime Minister Narendra Modi boasted earlier this year that the country’s rural economy was undergoing a transformation and that India was the world leader in digital payments.

When it comes to using digital payment methods, India ranks first in the world. Mobile data is quite inexpensive in India. The prime minister has said that the rural economy is undergoing change at now.

According to RBI specialists, India has recently reached new peaks in the value and volume of digital payments, both of which are indicative of the health of the country’s payment ecosystem and its widespread acceptability.

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