Worldline India Digital Payments Report H1 2023

26 / 09 / 2023

Step into the future of payments with the Worldline India Digital Payments Report H1 2023: Gain insights into the surging popularity of UPI, mobile payments, and the evolving digital payments landscape across the nation.

1 min.

Report H1 2023

Every month serves as a testament to the rapid adoption of digital payments. Looking back at the first half of 2023, I find myself even more optimistic about the payment trends unfolding in India; the impressive performance of UPI, the surge in credit card usage, the jump in mobile payments volume, and the uptick in small ticket size P2M transactions. All this indicates that broad swathes of the country, rural and urban, are embracing digital payments. The allure of digital payments beckons both consumers and merchants alike. Slowly and steadily, digital payments have permeated our lives, evolving into an indispensable facet.

As the payments landscape of India continues to grow, we at Worldline are enabling secure, hassle-free, and timely payments to grow your world. Through an amalgamation of cutting-edge technology and customer-centric innovation, the vision of a cashless society is crystallizing into reality. I present to you the Worldline India Digital Payments Report H1 2023 which captures a series of noteworthy trends and shifts within the digital payments landscape during this period as well as our view on why UPI will grow at an even more rapid pace.