Research from ACI Worldwide for 2019 found that consumers in India have a lot of faith in online payment methods. It was observed in the study that 83% of Indian consumers would rather pay their bills digitally (online or via a mobile app) and that 64% of Indians actually do so. While only 32% of Indian clients have faith in traditional banks for digital transactions, 67% have faith in digital wallets, as shown by the report. Based on these numbers, it’s clear that digital payment systems have gained widespread acceptance among Indian consumers.
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