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Digital payments zoom 31 per cent to touch ₹4,116 crore in FY20

Project Info

  • Date Added: Apr 12, 2020
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Case Study

THEHINDUBUSINESSLINE APR-2020 In what can be seen as a significant impact of the government’s agenda to encourage digital payments, total transactions through these channels touched ₹4,116.74 crore in FY20, according to the Centre’s Digidhan Dashboard.

This is an over 31 per cent jump from FY19, when total digital payments transactions were valued at ₹3,134 crore. It also exceeds the ₹4,000-crore target set by the government for digital payments last fiscal.