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94% people in metro cities are using digital payment method
April 30, 2020
A 94% of Indians in Metros are using digital payment approach, more so in these quarantine times, and similar to China, metro India has switched from the credit-cards to the digital retail payment managing on younger consumers.
Paytm and Amazon Pay in India are the top digital payment agencies currently and Paytm is serving over 35 crore consumers in the nation, according to the document titled ‘The state of digital retail bills in Asia Pacific’ via worldwide market researcher company Forrester.
Forrester forecasts that the wide variety of online shoppers in India will grow at a compound annual charge of 17% for the next three years the fastest-growing online retail market.
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