Worldline India Digital Payments Report Q2 2022
30 / 06 / 2022
Thriving post-Covid: India's payments ecosystem hits milestones. Robust growth in cards, UPI, FAS Tags, and Bharat BillPay. Explore the Worldline India Digital Payments Report Q2 2022 for double-digit growth insights and the future of digital payments.
2022 is another momentous year for the payments space in India. We are successfully sailing through the aftermath of Covid-19; the total cards in circulation has breached the 1 billion mark, UPI is tracking over 6 billion transactions per month, about 53 million FASTags have been issued, and over 20k billers are live on the Bharat BillPay ecosystem.
This demonstrates a robust payments ecosystem which is built to serve the diverse and growing needs of Bharat. We are happy to share the Worldline India Digital Payments Report Q2 2022 which captures key trends in the payment world showcasing a double-digit growth across almost all payment platforms. We also highlight our view on what the RBI’s Vision 2025 means for Digital Payments in India.
