Payment trends: Digital transactions surge but cash still remains king! Here’s what Indians are using to pay
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Despite a surge in digital payments, cash continues to dominate nearly half of India's transactions, particularly in rural areas. While retail payments are overwhelmingly digital, driven by government initiatives and improved infrastructure, cash remains resilient. The Unified Payments Interface (UPI) is rapidly expanding, yet cash's strong presence persists, coexisting with digital advancements. What's Your Reaction?
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