PolicyMediaNama44 minutes ago
RBI Data Reveals India's Prepaid Wallet Activity
4 min read
India had 186.60 crore outstanding prepaid wallets with 97.65 crore active at September-end, per RBI statistics. PhonePe dominated with 78.43 crore active wallets, yet Tri O Tech Solutions processed 17.30 crore purchases totaling Rs 1,581.71 crore in September, surpassing PhonePe's 5.26 crore transactions. Prepaid cards accounted for 24.33 crore active instruments, with Pine Labs holding 16.37 crore active cards.
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