India's Dominance in Digital Payments: A Record-Breaking Achievement

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India leads in digital payments, maintaining its position at the top

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In 2022, India recorded 89.5 million digital transactions, surpassing the combined transactions of four other countries

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India is projected to account for 46% of global real-time payments in 2022

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Brazil secures the second position with 29.2 million transactions

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China ranks third with 17.6 million transactions

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Thailand holds the fourth spot with 16.5 million transactions

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South Korea is in fifth place with 8 million transactions

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Consequences of late credit card bill payments

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