India embraces digital payments over cash, even for a 10 cent chai

1. In January, about eight billion transactions worth nearly $200 billion were carried out on the U.P.I.

2. The value of instant digital transactions in India last year was far more than in the United States, Britain, Germany and France. “Combine the four and multiply by four — it is more than that" per a cabinet minister

3.The system has grown rapidly and is now used by close to 300 million individuals and 50 million merchants