What started as the Digital India campaign has today become a reality.
India is unlocking new levels of the digital world at a lightning speed and fintech in the past 5 years has been a hotspot for it. Many innovations contributed to India becoming one of the most advanced countries when it comes to digital payments.
At Razorpay, we oversee a bulk of the digital transactions happening across the country. We have compiled a lot of these insights based on Indian businesses and their transacting habits.
How the nation’s capital transacted:
- Digital payments in Delhi saw a huge spike at 234.97% from 2018 to 2019
- Google Pay was the #1 UPI app in Delhi throughout 2018 at 39%, as well as 2019 at 50%
- Amongst wallets, Ola Money (27%) was used the most, followed by Amazon Pay (25%)
What’s in this report
Insights about the payment ecosystem
A sneak peek into what is shaping the current scenario in payments in Delhi and what are the factors promoting its growth. Read about the possible game-changers in the new decade.
Overview of how Delhi transacts
Dive deep to know the most preferred payment mode for in the capital region and how and where they transact. Understand how the trends have changed from 2018 to 2019.
Opportunities & challenges in fintech
With fintech booming understand what are the opportunities and the hurdles that might occur. Get fin-facts from across the nation, just so you can boast about them!
PS: All findings in the report are based on transactions held on Razorpay platform