India E-payment Solutions Market - Growth Analysis and Forecast 2018-2023
Market Reports on India Provides the Trending Market Research Report on “ E-payment Solutions Market in India (2018-2023) ” under E-Financial Services category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Market insights: The development of digital infrastructure in the country is leading to the creation of a robust technological ecosystem for the digital payments industry of India. The E-Payment Solutions Market in India is anticipated to expand at a compound annual growth rate (CAGR) of ~51.17% between FY 2018 and FY 2023, and will reach a value of INR 15,344.1 Tn by FY 2023. The volume of payments is expected to reach 96.5 Tn transactions by FY 2023, up from its 2018 volume of 18.5 Tn. The growth of the Indian e-payment solutions market is owed to the introduction of digital payment portals by banks like Axis Bank Ltd., HDFC Bank Ltd., ICICI Bank Ltd., etc. Also, the integration of paymen...