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Cash chaos bolsters India's digital payment system

Usage of Unified Payments Interface surges, with over 250,000 transactions in the first week of December


THE chaos caused by India's ban on high-denomination rupee notes has provided a boost to a national cashless payment platform that has struggled to gain traction.

Usage of the government-backed Unified Payments Interface (UPI) has surged, with more than 250,000 transactions...

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