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What percentage of India made "global real time payments" will be in 2021?
A)
15%
B)
22%
C)
31%
D)
40%

Correct Answer :   40%


* India accounted for the highest volume of real-time payments among businesses around the world, with over 40% of all such payments made through 2021 originating in the country. 
 
* According to a report by payment solutions provider ACI Worldwide, data analytics firm GlobalData, and the Centre for Economics and Business Research (CEBR), India made 48.6 billion real-time payments through 2021 – which is over 2.6 times higher than China, which is at the second place with 18.5 billion real-time transactions.
 
* India's transaction volume is seven times greater than the combined volumes of Germany, USA, UK, Canada, and France.
 
* Top Five countries : India(48.6 billion); China (18.5 billion); Thailand(9.7 billion); Brazil(8.7 billion); South Korea (7.4 billion)

Source : Mint

Published On : April 28, 2022
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