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Fintech Firms Brace for ₹20K–₹30K Crore Monthly Loss as Gaming Ban Hits Payments & RegTech

Fintech Firms Brace for ₹20K–₹30K Crore Monthly Loss as Gaming Ban Hits Payments & RegTech
India’s blanket ban on real-money online gaming is expected to have ripple effects across the fintech sector. Digital payment providers could lose ₹20,000–₹30,000 crore in monthly transaction volumes, particularly via UPI, which saw surges during major gaming events. At the same time, regtech startups offering KYC and compliance services to gaming platforms are poised to see demand plummet.
Read full story at Economic Times

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