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UPI is growing at an incredible rate. One important reason for the growth is the explosive increase in 4G connectivity in the last 4 years, which has data usag
by sseth 6y ago
UPI is growing at an incredible rate.
One important reason for the growth is the explosive increase in 4G connectivity in the last 4 years, which has data usage on mobile see a compound average growth of 93% to become the highest in the world at 11.2 GB per user / month. The rates are almost laughably cheap, at around 0.20 USD/GB.
COVID has also driven more recent growth because people don't want to handle cash.