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Indian Consumers Prefer Digital Payments Over Cash this Festival Season, Embracing UPI and Digital Wallets for Merchant Spending

Growing Strength of Digital Payments in Merchant Payments Channel, Increasing Ubiquity Driven by Younger Consumers, According to New Study by ACI Worldwide Digital payments are the preferred payment option for 42 percent of consumers in India, leading card payments (29%) and cash (27%), according to a new online study conducted by YouGov and ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions. Indian consumers prefer #digitalpayments over cash this festival season, embracing UPI…