- The report mentioned that in Q3 FY23 (July-September 2022), more than 23 billion transactions were made that were worth INR 38.32 trillion.
- These payments were made through prepaid payment options such as:
- Mobile Wallets
- Debit Cards
- UPI
- It mentioned that UPI-based transactions dominated both in terms of volume (19.65 billion) and value (INR 32.5 trillion).
- According to the report the top 3 states with the highest transactions at physical touchpoints are:
- Maharashtra
- Karnataka
- Kerala
- Also, the top 3 cities with the highest transactions at physical touchpoints are:
- Bengaluru
- Hyderabad
- Chennai
- The report suggested that the POS transactions accounted for INR 595.4 million while the e-commerce transactions for the period accounted for INR 311.6 million.
- Worldline India was established in 1997 with its headquarters in Mumbai. The current Executive Chairperson of the company is Deepak Chandnani.
Question:
Q.1 According to the “India Digital Payments Report Q3 2022”, how many digital transactions were made during Q3 FY23?a. 13 billion
b. 20 billion
c. 23 billion
d. 27 billion
