![]() So while One97 Communications & Paytm are slacking behind customer growth and retention and have to solve for the competition from both private & public peers like Phonepe, MobiKwik, etc. In terms of Value, it grew at a CAGR of 45% between Fy2018 & Fy2021 recording US Billion 43 in Fy2021, and is expected to reach US Billion 150 in Fy2026 growing at a CAGR of 30% In terms of total digital payments by value, India clocked US$ Trillion 19.1 in Fy2018 and in Fy2021 recorded US$ Trillion 20.1 and is expected to be US$ Trillion 40 by Fy2026 growing at a CAGR 17%. The digital payment industry in India is growing. ![]()
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