Fraud & Risk Management in Digital Payments report
September 6 , 2020 1464 days 786 0
It has been jointly developed by the National Association of Software and Service Companies (NASSCOM)’s Data Security Council of India (DSCI) and PayPal Payments Pvt. Ltd. (PayPal).
The report gives a glimpse of growth of frauds and payment scams.
Key Findings
The E-commerce market is expected to grow from USD 50 billion (in 2018) to USD 200 billion by 2026.
It is expected that the internet user base will grow to 835 million by 2023 from 560 million in 2018.
As of March 31, 2019, 925 million debit and 47 million credit cards have been issued in India, 2nd to China.