Sunday, May 25, 2014

Digital payments process in India to touch Rs1.2 trillion by Dec

Digital payments in India to touch Rs1.2 trillion by Dec: report
The market for payments made through digital medium has grown at a compounded annual growth rate (CAGR) of 10% between 2010 and 2013. Photo:
New Delhi: Digital payments in India is expected to touch Rs1.2 trillion by December 2014, a 40% increase from Rs85,800 crore the previous year, propelled by growing Internet penetration, growth in e-commerce and the ease of online payments, according to a report by the Internet and Mobile Association of India (IAMAI). More.
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