Coronavirus outbreak may push digital payments up 37% to ₹4\,067 Lakh cr by FY22

Mumbai: The Covid-19 pandemic is bringing about a transformation in the payment habits of Indian consumers, similar to what was seen during the ban on high-value currency notes in 2016, according to a new report by RedSeer Consulting.Digital payment volumes across channels such as the Unified Payments Interface (UPI), wallets and cards are set to shoot up by an additional 6 percentage points over the next two years against a base scenario