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UPI QR transactions up 33% at retail stores in rural areas this yr
Hindustan Times Rajasthan
|December 25, 2024
UPI transactions at retail stores have increased by 33% in semi-urban and rural areas this year, reflecting the growing adoption of digital payments, says a report.
NEW DELHI:
Moreover, insurance policy purchases and premium collections saw a 127% increase in transaction volume and a 96% growth in new customer adoption during the year, the report by branchless banking and digital network PayNearby said.
"The data highlights the role digital retail stores play in overcoming the challenges of insurance penetration across Bharat," it stated.
This story is from the December 25, 2024 edition of Hindustan Times Rajasthan.
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