Thursday, 5 March, 2026
Smaller cities can be the next growth hub for digital payments
By Basit Ansari
<p>Urban India has specifically leapfrogged the credit-card stage to the digital retail payment – with a whopping 94% already relying on digital payments since March. Digital payments in few tier II, III cities have grown 250% faster as compared to urban areas. Cities, those with populations < 1 mn, in India, are expected to witness sharp-growth of digital payments in the near future and are capable of constituting about one-third of total consumer spending by 2025.</p>
Read full story at Nasscom Research
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