UP logs 126% rise in digital payment during pandemic | Lucknow News


Lucknow: As the Covid-19 lockdown and subsequent restrictions forced more and more people to opt for digital transactions, UP recorded a massive 126% jump in digital transactions in 2020 compared to the previous year.
A government spokesperson said, the state recorded the highest digital payments this year, compared to all other states in the country. “It is due to the sustained and focussed emphasis of chief minister Yogi Adityanath on assimilation of technology with the economy that people in the state have embraced digital transactions in such a big way,” he said.
UP, with a population of about 24 crore, saw online transactions of Rs 176.45 crore till September — Rs 98.53 crore more than last year during the same period.
The spokesperson said the highest payment of Rs 60.31 crore was made through the UPI platform. In second place were debit card payments to the tune of Rs 47.79 crore. Net banking of Rs 20.43 crore accounted for the third most used mode of transaction, while Rs 16.36 crore was transacted through other means. In addition, payments of Rs 11.47 crore were made from NEFT, Rs 6.90 crore through credit cards, Rs 6.61 crore via IMPS and Rs 6.59 crore through Aadhaar.Meanwhile, the State Bank of India has identified Siddharthnagar and Firozabad districts as digital districts with an objective of promoting digital payments within a year. The Reserve Bank of India has set a deadline of March 31, 2021, to complete this project.
Siddharthnagar is one of the statistical districts selected by the Government of India for digitalisation.
“The CM had instructed banks to promote digital transactions during the pandemic and had said that people should know and use technology for speed and transparency in work,” the spokesperson added.



Source link
#logs #rise #digital #payment #pandemic #Lucknow #News

Leave a Comment