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PhonePe processes over 2.5 billion transactions a month at an Annual TPV run rate of $780 billion.
Union Finance Minister Nirmala Sitharaman in her budget announcement proposed to set up 75 digital banking units in 75 districts to increase the adoption of digital payments and digital banking services.
The Reserve Bank of India (RBI) announced the index figures of digital payment adoption. The central bank had announced construction…
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