This is the second edition of The Era of Rising Fintech report. In this report, we talk about how Indian consumers transact digitally and analyse how much of a difference fintech has made in the financial sector.
Although we saw a dip in UPI transactions in the month of May, UPI is gaining momentum and rising just like we predicted. Read on to understand more.
While the micros might be challenging at the moment, the macros are in place for the Indian economy to grow to reach the $5 trillion target the government has set for itself.
Although UPI transactions did go down in May, it doesn’t mean that the trend will continue.