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Delve into the intricacies of India's digital revolution with Redseer's DPI Report, unlocking the secrets behind the nation's technological metamorphosis. From Aadhar to UPI, this comprehensive report unveils the strategies and trends propelling 97% of the population into the digital era. Explore the nuances of convenience, security, and merchant acceptance shaping India's economic growth. Redseer's management consulting expertise brings you unparalleled insights into the dynamic digital landscape, offering a compelling vision of India's technological future.
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1. India's Digital Public Infrastructure (DPI), powered by Aadhar and UPI, is reshaping the digital landscape with 97% possessing digital IDs and 50% owning smartphones. 2. UPI, facilitating 45% of payments, emerged as a lifeline during lockdowns, driven by factors like convenience, security, and widespread merchant acceptance. 3. The surge in UPI adoption, fueled by new DPIs like DigiLocker 2.0 and ONDC, is propelling Fintech expansion into various sectors, projecting UPI to lead 90% of payments by 2027, particularly impacting non-metro areas where 70% of retail merchants note increased sales. 2 © RedSeer
Learn more about India’s Digital Public Infrastructure through analysis from Redseer Strategy Consultants Redseer’s DPI Report