TNPSC Thervupettagam

Top digital payment transactions cities in 2022

April 24 , 2023 452 days 438 0
  • Chennai has become 5th leading city for digital payment transactions in 2022 in the country.
  • The report was released by payment services firm World line India.
  • Chennai has made 14.3 million transactions with a total value of USD 35.5 billion.
  • Bengaluru topped the list with 29 million transactions worth USD 65 billion.
  • It is followed by New Delhi, Mumbai and Pune.
  • In 2022, frequently visited physical merchant categories together accounted for over 43 per cent in terms of volume and about 40 per cent in terms of value, across the country.
  • E-commerce space, gaming, utility and financial services contributed to over 85 per cent of transactions and 25 per cent in terms of value.
  • Education, travel and hospitality sector accounted for 15 per cent in volume and 75 per cent in terms of value.

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