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Indian fintech can turn into a $1.3 trillion industry by 2025

India’s digital payment transactions are expected to jump 268% to 217 billion in the financial year ending 2026, from this fiscal’s figure of 59 billion, a new report has projected. The country’s fintech market is likely to expand to $1.30 trillion (nearly 100 lakh crore rupees) by 2025, according to the report by PwC India. In 2021, the Asia-Pacific region, including India, China, South Korea, and Thailand, grabbed the largest share of real-time payment transactions, it said.

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