India Making Rapid Strides in Bridging Digital Payments Divide: Mastercard
India is making rapid strides in bridging the digital payments divide, Bengaluru leads in contactless transactions, and penetration of contactless transactions is the highest in the lowest ticket size, reveals a recent digital payments poll conducted by Mastercard in India.
In the current environment, in fact, there has been significant growth in adoption of contactless payments, both globally and in India. Consumers are aware that contactless technology and digital payments can ease some of the tension by reducing a measure of daily risk when we pay. This technology also empowers some of the most financially vulnerable with a safe and secure way to make and receive payments.