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News of the world: Big boom in the stock market and most billionaires in Asia, know the condition of India

India witnessed 20.57 billion on-line transactions price Rs 36.08 trillion within the second quarter of this yr. This info has been given in a report launched on Tuesday. On-line transactions performed by debit and bank cards, cellular wallets and pay as you go playing cards and pay as you go fee devices like UPI, together with P2M (Person to Service provider) and P2P (Person to Person) transactions.

Worldline’s ‘India Digital Funds Report’ stated, “UPI P2P accounted for 49 per cent in volume and 67 per cent in value, but in terms of merchant transactions, UPI P2M emerged as the preferred payment mode, with The market share was 34 per cent and 17 per cent in terms of value.”

Cost by credit score and debit playing cards accounted for 8 per cent in quantity and 14 per cent in worth.

With enter from IANS

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