Digital payments surge as 90% Indians go cashless: Amazon Pay CEO
Amazon Pay India CEO Vikas Bansal hailed India's rapid shift toward a cashless economy, revealing that 90% of people now prefer digital payments, including offline transactions. Speaking at the Global Fintech Fest 2025, he cited a report showing women and small-town users leading adoption, with UPI, wallets, and credit cards driving India's USD 7-trillion digital future.