India has the largest UPI transaction volume. UPI, or Unified Payment Interface, is a popular payment method in India, especially for online shopping. According to recent studies, a significant portion of Indian consumers use UPI for retail and online purchases, indicating a high adoption rate and transaction volume in the country.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    CherryBlossomGrace
    Thu Nov 21 2024
   
  
    This figure represents a marked increase compared to the previous three years.
  
  
 
            
            
  
    
    Martina
    Thu Nov 21 2024
   
  
    The rise in digital payments can be attributed to the increasing adoption of digital technologies and financial inclusion initiatives.
  
  
 
            
            
  
    
    SoulStorm
    Thu Nov 21 2024
   
  
    India has witnessed a significant surge in digital payments in 2021.
  
  
 
            
            
  
    
    Riccardo
    Thu Nov 21 2024
   
  
    In terms of value, UPI-based digital payments have surpassed the 200 trillion Indian rupees mark in 2021.
  
  
 
            
            
  
    
    benjamin_rose_author
    Thu Nov 21 2024
   
  
    BTCC, a top cryptocurrency exchange, offers a range of services that cater to the growing demand for digital assets.