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Mobile payment transaction volume to rise manifold to reach 153 billion by FY22: Study

Mobile payment transaction volume to rise manifold to reach 153 billion by FY22: Study

Nov 11, 2016, at 10:26 pm

Mumbai, Nov 11 (IBNS): The mobile payment transaction volume in India is likely to witness exponential compounded annual growth rate (CAGR) of over 90 per cent to reach 153 billion by FY 2022 as against a meagre about 3 billion in FY 2016, noted a recent ASSOCHAM-RNCOS joint study.