Are digital payments gaining traction? |
Non-discretionary categories such as fuel and groceries are seeing dramatic growth
TR Ramachandran, Group Country Manager - India and South Asia at payments network giant Visa Inc, shares his views on the digital payments industry and the growth of Visa in the country.Post-demonetisation, how has the industry grown?There has been a significant increase in penetration of digital payments. In the overall context, we look at what is known as personal consumption expenditure (PCE) —...
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