According to India External Affairs Minister S. Jaishankar, the monthly total was four to five times the volume the United States handles in a year.
India recorded 22 billion cashless transactions in a single month, according to External Affairs Minister S. Jaishankar. He said that figure is four to five times what the United States does in a year. The statement highlights the scale of India’s digital payments infrastructure and the rapid adoption of non-cash payment systems in one of the world’s largest consumer markets.