The data from MyGovIndia has stated that second on the list is Brazil which amounted to 29.2 million transactions followed by China with 17.6 million transactions.
New Delhi : A latest data from MyGovIndia suggested that India has topped the list of five countries in digital payments, with 89.5 million digital transactions in the year 2022. As per the data, which share on twitter handle of MyGovIndia, India in the year 2022 accounted for 46 per cent of the global real-time payments, adding that the digital payment transactions in India are more than the other four leading countries combined. "India keeps dominating the digital payment landscape! With innovative solutions and widespread adoption, we're leading the way towards a cashless economy," tweeted MyGovIndia.
The data from MyGovIndia has stated that second on the list is Brazil which amounted to 29.2 million transactions followed by China with 17.6 million transactions. On number 4 is Thailand with 16.5 million transactions followed by South Korea with 8 million worth of transactions.
Earlier this year, Prime Minister Narendra Modi said, "India is number one in digital payments. India is one of the countries where mobile data is the cheapest. Today, the country's rural economy is transforming."
In digital payments, India has been witnessing new milestones, in both value and volume terms, which indicate the robustness of India's payment ecosystem and acceptance, as per sector experts. MyGovIndia is a Citizen engagement platform of the Government of India, giving people the opportunity to work towards Surajya with their ideas and grass root level of contribution.
New Delhi : A latest data from MyGovIndia suggested that India has topped the list of five countries in digital payments, with 89.5 million digital transactions in the year 2022. As per the data, which share on twitter handle of MyGovIndia, India in the year 2022 accounted for 46 per cent of the global real-time payments, adding that the digital payment transactions in India are more than the other four leading countries combined. "India keeps dominating the digital payment landscape! With innovative solutions and widespread adoption, we're leading the way towards a cashless economy," tweeted MyGovIndia.
The data from MyGovIndia has stated that second on the list is Brazil which amounted to 29.2 million transactions followed by China with 17.6 million transactions. On number 4 is Thailand with 16.5 million transactions followed by South Korea with 8 million worth of transactions.
Earlier this year, Prime Minister Narendra Modi said, "India is number one in digital payments. India is one of the countries where mobile data is the cheapest. Today, the country's rural economy is transforming."
In digital payments, India has been witnessing new milestones, in both value and volume terms, which indicate the robustness of India's payment ecosystem and acceptance, as per sector experts. MyGovIndia is a Citizen engagement platform of the Government of India, giving people the opportunity to work towards Surajya with their ideas and grass root level of contribution.
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