External Affairs Minister S Jaishankar highlighted India’s significant advancement in digital payments, noting that the country conducts transactions worth Rs 120 crore monthly through the Unified Payments Interface (UPI). By contrast, he pointed out that the United States only processes Rs 40 crore in digital transactions annually. Jaishankar underscored India’s progress in cashless payments, emphasizing the substantial difference in transaction volumes between the two countries.
India’s UPI Transactions Outpace US Digital Payments, Says Jaishankar
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