Primus In News
Union Budget 2022: Big Push For Digital Banking, But No Relief From Zero MDR For Payments Startups
01-02-2022
According to a Primus Partners report, the Indian market’s fintech adoption rate of 87% is much higher than the global average of 64%. The fintech market in India was valued at $50 Bn-$60 Bn in FY20 and is estimated to touch $150 Bn in 2025 and a large part of the fintech growth is attributable to UPI.
Explore Related Insights
- 63% People Sees India As Trade, Tech & Economic Powerhouse: Survey
- How Digital Payments Are Transforming the Indian Festive Season Shopping
- Web3 to power India’s economic growth, expected to drive 27% of India’s incremental GDP by 2032: Study
- Union Budget may tweak customs duties, ensure ease of import compliance
