{"id":869473,"date":"2024-10-24T07:42:24","date_gmt":"2024-10-24T02:12:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=869473"},"modified":"2024-10-24T07:42:59","modified_gmt":"2024-10-24T02:12:59","slug":"digital-payments-double-in-3-years-cash-transactions-fall-rbi-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/24\/digital-payments-double-in-3-years-cash-transactions-fall-rbi-report\/","title":{"rendered":"Digital payments double in 3 years, cash transactions fall: RBI report"},"content":{"rendered":"<p>As of March 2024, cash still accounts for 60 per cent of consumer expenditure. But its share is rapidly declining, accelerated by the post-Covid shift to digital payments, according to a study by a Reserve Bank of India (RBI) economist reported by The Economic Times. The share of digital payments more than doubled from 14-19 per cent in March 2021 to 40-48 per cent in March 2024, the study revealed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of March 2024, cash still accounts for 60 per cent of consumer expenditure. But its share is rapidly declining, accelerated by the post-Covid shift to digital payments, according to a study by a Reserve Bank of India (RBI) economist reported by The Economic Times. The share of digital payments more than doubled from 14-19 per cent in March 2021 to 40-48 per cent in March 2024, the study revealed.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-869473","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/869473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=869473"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/869473\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=869473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=869473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=869473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}