India is a developing country with the second largest population behind China and until recently its payment framework has straggled far behind the rest of the developed world whereas, it is transferable fast with the effective payment tasks over the last recent years and will continue for so long with the more development over the decades.
The report provides a comprehensive analysis of payment services , m-wallet, payment gateway, mPOS, POS Terminals and Payment Security market in India. The report covers the overall competitive landscape; government role and regulations, growth drivers, trends and developments. The report concludes with market projection for future for every single market described above highlighting the major opportunities and cautions for overall India payment services market.
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India's digital payment ecosystem has undergone a remarkable transformation in recent years, propelled by the government's push towards a cashless economy and the rapid adoption of technology by consumers and businesses alike. According to a report, the digital payment market in India recorded a staggering 59.8 billion transactions worth ₹126 lakh crore (approximately $1.7 trillion) in the financial year 2021-22, showcasing the immense potential and growth trajectory of this sector.The Ecosystem of India's Digital Payment
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Get more information about the market: https://www.imarcgroup.com/payment-gateways-market According to IMARC Group’s latest report, titled “Payment Gateways Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global payment gateways market reached a value of US$ 10 Billion in 2017. Request a sample report: https://www.imarcgroup.com/request?type=report&id=881&flag=B Browse more reports on Technology & Media Industry: http://www.imarcgroup.com/categories/technology-market-reports Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal
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