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Indian Merchants Process 69% Of Transactions Via Digital Mode

SUMMARYAs per the report by Amazon Pay and Kearney India, street vendors selling fruits, flowers and food get 46% of their total transactions through digital mode On the consumer front, 90% of the surveyed users said they prefer digital payments for online purchases. However, only 50% said they are in favour of using online payments for offline purchases While speed and reward are among the key metrics for the user adoption, there are concerns about double debits and financial frauds Indian merc...

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