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Modi govt targets 25 billion digital transactions in FY18

Modi govt targets 25 billion digital transactions in FY18

Wednesday, March 29, 2017, 7:15 AM

The government’s plan to reach 25 billion digital transactions in next financial year will be driven by consumption-based payments, said experts, who expect digital education of both consumers and merchants along with security steps and enabling regulations to support the process. Mobile wallets were good enablers. We need now to drive consumption, which in turn drives payments, said Anil Mathur, director of Microsoft India.
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