UPI, Non-Cash Payments to Constitute 65 Percent of All Transactions by 2026: Report

UPI, Non-Cash Payments to Constitute 65 Percent of All Transactions by 2026: Report

Non-cash payments using modes like UPI will account for 65 percent of all the transactions by 2026 against the 40 percent level estimated at present, a report said on Thursday. The report — which comes amid a rapid rise in unified payments interface (UPI) since the onset of the COVID-19 pandemic…