Bengaluru witnessed 14.82 million digital transactions between January and October of this year, worth ₹3,620 crores.
Story so far: According to a survey released by Worldline India, a player in payment technology, internet users in India’s tech capital completed 14.82 million digital payment transactions between January and October 2022, the highest number in the nation and totalling ₹3,620 crores.
- The country’s financial capital, Mumbai, saw 9.4 million people carrying out digital payment transactions.
- Meanwhile, Hyderabad accounted for 10.36 million and Chennai 9.76 million digital payment transactions.
Types of transactions: Grocery stores, restaurants, clothing and apparel stores, pharmacies, hotels, speciality stores for jewellery, home appliances, and department stores were among the most frequently visited physical merchant categories during the 10-month period under consideration.
- In contrast, the survey found that e-commerce (online shopping for goods and services), gaming, utility, and financial services collectively accounted for over 86% of the volume in the online space.