Digital payments to grow by 3X in FY29, UPI continues strong growth trajectory: PwC India report

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Digital payments to grow by 3X in FY29, UPI continues strong growth trajectory: PwC India report - Economic Times

Quick Summary:

Merchant acquiring solutions – including offline and online options like QRs, payment aggregators and payment gateways – also saw substantial growth of more than 25% due to regulatory push.

Delving more on the trends that will contribute to growth of the digital payments industry in India, the report listed out the aspects that would drive it ahead.

Merchant acquiring solutions – including offline and online options like QRs, payment aggregators and payment gateways – also saw substantial growth of more than 25% due to regulatory push, high QR penetration and inclusion of new players, the report elaborated.