digital wallet

Kumar Mangalam Birla says monetary companies to develop 10-22% in 3-5 years

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India’s monetary companies sector is anticipated develop at a CAGR of 19-21 per cent in three-five years, in accordance with Aditya Birla Capital Digital (ABCD) Chairman Kumar Mangalam Birla. “The monetary companies sector is anticipated to outpace GDP progress by 2X within the subsequent five5 years. The three largest parts —credit score, investments and insurance coverage … Read more

Amazon Pay, Google Pay and card funds drive 58% of e-commerce

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The e-commerce sector is witnessing a development in the usage of various fee strategies, which accounted for practically 58 per cent in 2023, in accordance with a report by information and analytics firm GlobalData. Cell and digital wallets have eclipsed conventional fee modes, in accordance with the report. Use of money has fallen considerably, with … Read more