India’s digital transactions to treble in next 5 years: PwC

India’s digital payment transactions are likely to expand more than three times in volume, from 159 billion transactions in FY 2023-24 to 481 billion by FY 2028-29, according to a report by PwC India. In terms of value of payment transactions, the market is expected to grow double, from Rs 265 trillion to Rs 593 trillion over the same period, the report said.