Author
Founder & CEO, Simpl
Almost every baby boomer or a millennial at some point in time may have taken credit for making purchases. Be it maintaining a Khaata or an offline wallet system, it is the trust factor that has been the common link behind these purchases.
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According to a recent report, the number of digital payment transactions has surged by 23% between June and July. This growth can be attributed to the rapid adoption of digital payment methods such as e-wallets, UPI, debit/credit cards and net banking, among others, against the backdrop that cash can be a carrier of coronavirus.
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