India’s Payment Revolution

Source:  PIB Subject:   Economy Context: India’s digital payment ecosystem is in the news following the release of January 2026 data, which shows a record-breaking 21.70 billion transactions worth ₹28.33 lakh crore. About India’s Payment Revolution: What it is? India’s Payment Revolution is the rapid transition from a cash-heavy, traditional banking system to a scalable, real-time, …