Digital Transactions  

Google Wallet has been officially launched in India. It will work as a digital hub to store all your essential documents, like boarding passes, movie tickets, student IDs, etc. It is for non-financial needs and will co-exist with Google Pay in India. 

India is leading the world when it comes to secure e-pay. According to Mastercard, India has the safest online transactions due to the tokenisation which replaces the card details with unique tokens. People are still susceptible to scams and frauds but tokenisation is the right step towards the digitally secure India. 

UPI is a popular mode of payment for most Indians. This digital payment method is helping India grow to newer heights. PhonePe follows a similar policy to Google Pay. Transactions up to one lakh rupees can be made without a specified limit on number of transactions.

The UPI payment system was launched in 2016 by the state-owned National Payments Corporation of India, the umbrella organisation that manages most digital payments in the country