
Digital payments contribute 99.8 pc of India’s retail payments in Q1 FY26: Report
New Delhi- Digital transactions contributed 99.8 per cent of India’s retail payments in the first quarter of the current financial year (Q1FY26), with paper-based instruments (cheques) nearly obsolete, owing to policy push, infrastructure support, and deep fintech penetration, a report said on Monday. Digital payments, led by Unified Payment Interface (UPI), Aadhaar-enabled payment system (AePS),…