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Enable Payment Solutions in India

Indian rupee

India has long been bought into the digital payments sphere, even before the Covid-19 pandemic, which accelerated the use of alternative payment methods globally. In 2019, India boasted an 87% financial technology adoption rate - the highest worldwide that year, alongside China

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Zota - Payment solutions in India
Zota - Payment solutions in India
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Population

1,428,627,663

Banked Population:

77.53%

Group 427321246

Main industries

Iron & Steel, Textiles, Jute, Sugar, Cement, Paper, Petrochemical, Automobile, Information Technology (IT), and Banking & Insurance

Group 427321247

Main imports

Crude Petroleum, Petroleum Gas, Gold, Coal Briquettes, and Diamonds

Group 427321248

Main exports

Refined Petroleum, Packaged Medicaments, Diamonds, Rice, and Jewellery

GDP stats

$2,256.6

Per capita (USD)

8.7%

Growth annually

5

World ranking

Internet usage

43%

Smartphone usage

35.4%

Credit/debit card usage

8%

Population transacting electronically

46%

Cash Usage

37%

Group 427321245 1

Total volume of digital payments projected to reach

$160.60B (USD)

Payment Methods in India

All
  • All Methods
  • eWallet
  • Fast Bank Transfer

EWALLET

Unified Payments Interface

eWallet

IMPS

Fast Bank Transfer

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