Power of digital transactions in India

Digital transactions in India have grown rapidly in recent years, driven by government initiatives and an increasing comfort among users with digital payment methods. In the financial year 2022,?over 72 billion?digital transactions worth 38.3 Lakh Crore was recorded in Q3 2022 across the country. Small vendors in India are using #upi to receive payments from customers through various digital channels such as QR codes, mobile apps, and websites. This has made it easier for them to conduct business and receive payments. Some of the popular UPI-enabled payment apps in India include #BHIM, #googlepay , #phonepe , and #paytm . UPI has empowered small vendors to easily manage their finances.