Although UPI transactions did go down in May, it doesn’t mean that the trend will continue.
Fintech can change the habits and behavior of the Indian population if it gets adequate support from regulators.
The Ombudsman Scheme for Digital Transactions, 2019 aims to quickly and resourcefully resolve complaints and grievances related to digital payments.
With UPI seeing high adoption in India, we took a look at some numbers and shed some light on how much it has grown since last April.