The Thailand mobile payments market is experiencing robust growth, projected to reach a significant value by 2033. A compound annual growth rate (CAGR) of 14% from 2019 to 2024 indicates a strong upward trajectory, driven by increasing smartphone penetration, rising internet usage, and a growing preference for cashless transactions among Thai consumers. Key drivers include government initiatives promoting digital financial inclusion, the expansion of mobile network infrastructure, and the widespread adoption of mobile wallets by both businesses and individuals. The market is segmented by payment type, with proximity payments and remote payments representing distinct categories. Major players like Grab, True Money, and leading banks like KASIKORNBANK are actively competing in this dynamic landscape, fostering innovation and competition. The convenience and security offered by mobile payment systems are attracting a broad user base, pushing the market towards further expansion. While challenges such as cybersecurity concerns and digital literacy gaps exist, the overall growth trajectory remains positive, indicating substantial potential for investors and businesses operating within the Thai mobile payments sector. The continued growth of e-commerce in Thailand further accelerates the adoption of mobile payment solutions. Consumers are increasingly embracing the speed, convenience, and security of mobile transactions for both online and offline purchases. This trend is fueled by younger demographics who are digitally savvy and comfortable using mobile technology for financial transactions. Furthermore, the integration of mobile payments with various loyalty programs and rewards systems enhances user engagement and incentivizes continued usage. The government's focus on developing robust digital infrastructure and promoting financial inclusion plays a critical role in supporting this growth. While the competitive landscape is intense, the market offers opportunities for both established players and emerging fintech companies to innovate and capture market share. This includes the development of specialized solutions targeting specific consumer segments and the integration of mobile payments with other financial services. This report provides a detailed analysis of the dynamic Thailand mobile payments industry, covering the period from 2019 to 2033. It leverages a robust data set, encompassing historical data (2019-2024), the base year (2025), and a comprehensive forecast (2025-2033), to offer actionable insights into this rapidly evolving market. We analyze key players like LINE Corporation, Grab, True Money Co Ltd, and Prompt Pay Ltd, alongside emerging fintech disruptors, to provide a complete picture of the competitive landscape. The report uses high-search-volume keywords such as "Thailand mobile payments market size," "Thailand mobile wallet adoption," and "Thailand fintech trends" to ensure maximum visibility. Recent developments include: April 2023: Shopee has announced that ShopeePay is Available in Thailand as a payment method to buy Apple services, such as the app store, icloud storage, etc. Customers can use their Shopee Pay account to pay for things like Apple Music, Oscar TV apps, iTunes store purchases, etc. Adding a mobile wallet as an Apple ID payment method offers a new and more convenient way for payments with Apple services while allowing you to make one-tap purchases on products like iPhone, iPad, or Mac without using your credit card., November 2022: Google Pay and Wallet have launched in Thailand as the pandemic has filled a fear of cash across every customer, and while contactless payment options were widely available and used in other countries, Thailand can also have a boarding pass stored in Google Wallet so that you don't need to carry paper passes when flying, which makes it slightly more convenient.. Key drivers for this market are: Thailand's emerging e-commerce market is expected to grow by double digits., Internet Penetration Witnessing a Significant Growth in the Thailand Mobile Payments Market. Potential restraints include: Integration issues with traditional systems, Data quality and accuracy issues. Notable trends are: Proximity Payment to Witness the Growth.

Key Mobile Payments StatisticsTop Mobile Payments AppsFinance App Market LandscapeMobile Payments Transaction VolumeMobile Payments UsersMobile Payments Adoption by CountryMobile Payments TPV in...

Cryptocurrency payments are forecast to grow at a CAGR of nearly 17 percent between 2023 and 2030, although the market is relatively small. The forecast is according to a market estimate made in early 2023, based on various conditions and sources available at that time. It should be noted, however, that cryptocurrency used for payments is predicted to be a far smaller market than the predicted transaction value of CBDC, or the forecast market size of instant payments. Indeed, research from early 2023 across 40 countries suggested that the market share of cryptocurrency in e-commerce transaction was "less than one percent" in all survey countries, with predictions being this would not change in the future.

The Point of Sale Terminal market is booming very fast, due to high usage of digital payment, contactless transactions, and cloud-based point of sale. The growth of the Point of Sale terminal market is in linear motion because demand for the sector has been rapidly growing in retail, hospitality, healthcare, and e-commerce sectors. The key innovations include analytics, powered by artificial intelligence, biometric authentication, and mobile point-of-sale systems, which provide both enhanced customer experience and greater operational efficiency. The transition toward cashless economies and the encouragement of digital transactions through regulations increase market adoption further. Security is paramount in the EMV, end-to-end encryption, and tokenization protecting data from users.However, these options come with negatives such as initial higher costs, complexities in integration with the systems, and other security-related challenges.Key competitors include Square, Ingenico, Verifone, and NCR Corporation which emphasize on the cloud-based as well as AI-driven POS options to lead market. IoT penetration, 5G, as well as the blockchain is all expected to revolutionize further steps within the business as well. Recent developments include: June 2023: A new point-of-sale (POS) system from Payabl., a reputable FinTech company known for the payment solutions, has been presented with a focus on supporting the expansion of European retailers. The POS system was created as a reaction to the expanding omnichannel shopping trend. The recently released payabl. POS terminals in fact are designed to take advantage of this potential by making it simpler for merchants to accept payments across all channels, allowing them to work with just one supplier for both online and in-person transactions. The recently released payabl. POS terminals guarantee to give a seamless omnichannel platform, combining transaction processing for cards that are present as well as cards that are not. These terminals will support Visa, Mastercard, along with payments made using Google & Apple Pay, giving businesses a streamlined payment option., May 2023: Axis Bank, one of the biggest private sector banks in India, has launched "Sarathi," the first digital onboarding system which enables retailers to employ point of sale (POS) or electronic data capture (EDC). The technology expedites the application process and offers paperless onboarding for businesses to enable quick POS installation. This is done through real-time database checks & live video verification. The solution provides quick installations within about 45 minutes of the processing of the application. The solution enables merchants to complete the onboarding process in just four easy steps, including real-time database checks for quicker application processing, the live video verification for authenticating merchant information at the merchant's convenience, elimination of the field verification process to help in immediate decision-making, and instant POS installation., May 2023: In collaboration with ICICI Bank, merchant commerce platform Pine Labs announced the adoption of digital Rupee on its point-of-sale terminals. Due to the technical integration between two parties, major retail locations in Mumbai and Bengaluru will now be able to take Digital Rupee at Pine Labs point-of-sale terminals. The process of Digital Rupee payment is carried out entirely digitally by Pine Labs using dynamic QR (quick response) embedded into their intelligent Android PoS terminals., January 2022: The introduction of mobile Android point-of-sale (POS) terminals in the EU, UK, and US was announced by Adyen.. Key drivers for this market are: The increasing adoption of mobile payments The growth of e-commerce The increasing popularity of cloud-based POS systems The growing number of regulations around the world. Potential restraints include: The high cost of POS terminals The complexity of POS systems The lack of interoperability between POS systems. Notable trends are: The increasing adoption of mobile payments is driving demand for new and innovative POS terminals. The growth of e-commerce is also driving demand for POS terminals, as businesses need to be able to accept payments online and in-store. The increasing popularity of cloud-based POS systems is making it easier for businesses to deploy and manage their POS terminals..

Techsalerator’s Business Technographic Data for Morocco: Unlocking Insights into Morocco's Technology Landscape

Techsalerator’s Business Technographic Data for Morocco provides a detailed and comprehensive dataset essential for businesses, market analysts, and technology vendors seeking to understand and engage with companies operating within Morocco. This dataset offers in-depth insights into the technological landscape, capturing and organizing data related to technology stacks, digital tools, and IT infrastructure used by businesses in the country.

Please reach out to us at info@techsalerator.com or visit Techsalerator Contact.

Top 5 Most Utilized Data Fields

• Company Name: This field lists the names of companies in Morocco, enabling technology vendors to target potential clients and allowing analysts to assess technology adoption trends within specific businesses.

• Technology Stack: This field outlines the technologies and software solutions a company uses, such as enterprise resource planning (ERP) systems, customer relationship management (CRM) software, and cloud services. Understanding a company's technology stack is key to evaluating its digital maturity and operational needs.

• Deployment Status: This field indicates whether the technology is currently deployed, planned for future deployment, or under evaluation. Vendors can use this information to assess the level of technology adoption and interest among companies in Morocco.

• Industry Sector: This field specifies the industry in which the company operates, such as manufacturing, finance, or telecommunications. Knowing the industry helps vendors tailor their products to sector-specific demands and emerging trends in Morocco.

• Geographic Location: This field identifies the company's headquarters or primary operations within Morocco. Geographic information aids in regional analysis and understanding localized technology adoption patterns across the country.

Top 5 Technology Trends in Morocco

• Fintech Innovations: Morocco's financial sector is experiencing a surge in fintech solutions, including digital banking, mobile payments, and blockchain technologies. These innovations are reshaping the financial landscape and enhancing financial inclusion.

• Smart Cities and Urban Development: Morocco is investing in smart city projects that incorporate IoT (Internet of Things) technologies, data analytics, and intelligent infrastructure to improve urban living conditions and sustainability.

• E-commerce Growth: The e-commerce sector in Morocco is expanding rapidly, driven by increased internet penetration and consumer demand for online shopping. Businesses are adopting e-commerce platforms and digital marketing strategies to capture this growing market.

• Renewable Energy Initiatives: Morocco's commitment to renewable energy is evident in its large-scale solar and wind energy projects. Companies are increasingly adopting green technologies to align with national sustainability goals.

• Cybersecurity Enhancements: With the rise in digital transactions and online activities, Moroccan companies are focusing on strengthening their cybersecurity measures. Investments in data protection, encryption, and threat detection are becoming more prevalent.

Top 5 Companies with Notable Technographic Data in Morocco

• Attijariwafa Bank: A leading bank in Morocco, Attijariwafa is implementing advanced digital banking solutions, including mobile apps and online platforms, to enhance customer experience and operational efficiency.

• Maroc Telecom: A major telecommunications provider, Maroc Telecom is expanding its digital services portfolio, including high-speed internet and mobile connectivity, to support Morocco’s growing digital economy.

• OCP Group: A global leader in phosphate production, OCP Group is leveraging advanced technologies in its operations, including automation, data analytics, and IoT solutions, to optimize production and logistics.

• BMCE Bank: Known for its focus on digital transformation, BMCE Bank is investing in fintech solutions and digital platforms to improve banking services and customer engagement.

• Hewlett Packard Enterprise Morocco: HPE Morocco is providing cutting-edge IT infrastructure solutions, including cloud services and data center technologies, to support businesses in their digital transformation journeys.

Accessing Techsalerator’s Business Technographic Data

For those interested in accessing Techsalerator’s Business Technographic Data for Morocco, please contact info@techsalerator.com with your specific needs. Techsalerator offers customized quotes based on the required number of data fields and records, with datasets available for delivery within 24 hours. Ongoing access options can also be arranged upon request.

Included Data Fie...

Although there has been extensive research on pharmaceutical industry payments to healthcare professionals, healthcare organisations with key roles in health systems have received little attention. We seek to address this gap in research by examining drug company payments to general practice surgeries in England in 2015. We combine a publicly available payments database, the Disclosure UK, managed by the pharmaceutical industry with datasets covering key surgery characteristics and a database of unethical company marketing practices. We find that surgeries were an important target of company payments, receiving £2,726,017.77, equivalent to 6.53% of the value of payments to all healthcare organisations in England. Payments to surgeries were highly concentrated. The top 10 donors and the top 10 recipients amassed 87.93% and 13.62% of the value of payments, respectively. While some companies made fewer but higher value payments, others made more frequent low value payments. Surgeries with more patients, a greater proportion of elderly patients, and those in more deprived areas received more payments on average. However, the patterns of payments were similar across England’s regions. We also found that company networks – established by making payments to the same surgeries – were largely dominated by a single company, which was also by far the biggest donor. This company was the target of several investigations into the unethical marketing of a novel-type of anticoagulant increasingly prescribed by surgeries, suggesting that its payments might be connected to this drug’s marketing. Our research demonstrates that the comprehensiveness and quality of payment data disclosed via industry self-regulatory arrangements needs improvement. More interconnectivity between payment data and other datasets is needed to capture company marketing strategies systematically. Greater policy attention is necessary to the risk of financial dependency and conflicts of interests that might arise from payments to surgeries and to organisational conflicts of interests more broadly.

Change-In-Cash Time Series for Hengbao Co Ltd. Hengbao Co.,Ltd. engages in the financial technology, Internet of Things, digital security and digital services in China and internationally. The company offers card payment and security services; blockchain finance, digital asset wallet, and supply chain financial platform; mobile communications and the internet of things, including sim, esim, and M2M card. It also provides smart password key, electronic token, Bluetooth USBKEY, mobile smart terminal mobile phone shield, and other products; and tax security products, such as tax control disk, transmission disks, tax control Ukey, and PSAM cards. In addition, the company offers bluetooth secure reading and writing terminal, mPOS, mobile POS, and face recognition payment terminal; and one card cloud and mobile payment platform services. Further, it serves its products to financial industry, communications industry, mobile payment cloud platform, automotive, and composite material solutions. The company was founded in 1996 and is headquartered in Danyang, China.

Total-Liabilities Time Series for Customers Bancorp Inc. Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides banking products and services. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts, as well as individual retirement accounts and non-retail time deposits consisting of jumbo certificates. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending; mortgage financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services. In addition, the company provides digital banking, such as Banking-as-a-Service to fintech companies; payments and treasury services to businesses; consumer loans through fintech companies; and the TassatPay, an instant blockchain-based digital payments platform which offers instant payments, including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services comprising account reconciliation, collections, and sweep accounts. The company was founded in 1997 and is headquartered in West Reading, Pennsylvania.

Mobile payments and household consumption by income group.

Events Tickets Market Outlook

The global events tickets market size was valued at approximately USD 68.5 billion in 2023 and is projected to reach USD 110.3 billion by 2032, growing at a CAGR of 5.4% during the forecast period. This significant growth is driven by the increasing popularity of live events, advancements in digital ticketing platforms, and the rising disposable incomes of consumers worldwide.

The burgeoning growth of the events tickets market is primarily fueled by the relentless rise in live entertainment and sports events, which have become a vital part of social and cultural life. The proliferation of music festivals, concerts, theatrical performances, and sporting events has created a robust demand for event tickets. Additionally, the growing trend of experiential spending, where consumers prioritize spending on experiences over material goods, further propels the market. Technological advancements, particularly in mobile ticketing and blockchain technology, enhance the convenience and security of purchasing tickets, thus driving market growth.

Another significant growth factor is the increasing integration of advanced technologies such as artificial intelligence and machine learning into ticketing platforms. These technologies optimize customer experiences by providing personalized recommendations and dynamic pricing models. Furthermore, the implementation of augmented reality (AR) and virtual reality (VR) in events offers immersive experiences, thus attracting a broader audience and boosting ticket sales. The widespread adoption of mobile payments and digital wallets also facilitates seamless transactions, contributing to market expansion.

The shift of ticket sales from traditional offline methods to online platforms has revolutionized the events tickets market. Online ticketing platforms offer several advantages, including ease of access, a wide range of options, and secure payment gateways, which enhance user satisfaction. The convenience of purchasing tickets from anywhere at any time, coupled with the ability to compare prices and read reviews, has led to a substantial increase in online ticket sales. Moreover, social media marketing and influencer endorsements play a pivotal role in promoting events and driving ticket sales, particularly among younger demographics.

Live Entertainment Platforms have become a cornerstone in the events tickets market, transforming the way audiences engage with performances. These platforms provide a seamless interface for users to discover and access a wide array of live events, from concerts and theater productions to sports and festivals. By leveraging advanced technologies, live entertainment platforms offer personalized recommendations and real-time updates, enhancing the overall user experience. The integration of social media features allows users to share their experiences and connect with fellow enthusiasts, further amplifying the reach and popularity of events. As consumer preferences shift towards digital solutions, live entertainment platforms are poised to play a pivotal role in driving ticket sales and expanding market reach.

Regionally, North America holds a substantial share of the events tickets market, attributed to the high number of live events, robust digital infrastructure, and the presence of major market players. Europe follows closely, driven by a rich cultural heritage and a high disposable income. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rapid urbanization, increasing internet penetration, and a burgeoning middle class with a growing appetite for entertainment. Latin America and the Middle East & Africa regions are also anticipated to experience significant growth, supported by a rising number of events and improving economic conditions.

Type Analysis

The events tickets market is segmented by type into sports, concerts, theater, festivals, and others. Each segment caters to a unique audience and contributes differently to the overall market dynamics. Sports events dominate the market, driven by the global popularity of various sports such as football, basketball, and cricket. Major sports leagues and events like the FIFA World Cup, the Olympics, and the Super Bowl attract millions of spectators, both in-person and online, creating a substantial demand for tickets. Sponsorships, media rights, and merchandise sales further amplify the revenue generated from sports events.

Depreciation Time Series for Customers Bancorp Inc. Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides banking products and services. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts, as well as individual retirement accounts and non-retail time deposits consisting of jumbo certificates. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending; mortgage financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services. In addition, the company provides digital banking, such as Banking-as-a-Service to fintech companies; payments and treasury services to businesses; consumer loans through fintech companies; and the TassatPay, an instant blockchain-based digital payments platform which offers instant payments, including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services comprising account reconciliation, collections, and sweep accounts. The company was founded in 1997 and is headquartered in West Reading, Pennsylvania.

The Kingdom of Saudi Arabia (KSA) Cash Management Services market, valued at $57.86 million in 2025, is projected to exhibit steady growth, driven by factors such as increasing digitalization, the expansion of the financial technology (Fintech) sector, and a growing need for efficient treasury management solutions amongst businesses of all sizes. The rising adoption of cloud-based solutions and mobile banking applications is further accelerating market expansion. Government initiatives promoting financial inclusion and digital transformation are also creating a favorable environment for market growth. However, challenges such as stringent regulatory compliance and the potential for cyber security threats pose restraints on market expansion. Competition within the market is robust, with both international and domestic players vying for market share. The market is segmented by service type (e.g., cash forecasting, payments processing, liquidity management), deployment mode (cloud-based, on-premise), and end-user industry (e.g., banking, finance, retail). Analysis of import and export data reveals a net positive trade balance, indicating a strong domestic demand alongside a degree of export-oriented activity. Price trends suggest a degree of stability, with minimal fluctuations expected over the forecast period. The forecast period (2025-2033) anticipates a continuation of this moderate growth trajectory, with a Compound Annual Growth Rate (CAGR) of 2.03%. This growth will be fueled by the ongoing digital transformation within the KSA financial sector, complemented by increasing government investment in infrastructure and technological upgrades. While competitive pressures will remain, strategic alliances and technological innovations will likely be key differentiators for market players, contributing to market consolidation over time. Further research focusing on the specific performance of each segment and the market impact of various regulatory changes will allow for a more precise prediction of future market growth. The diverse regional distribution across the KSA will likely require a tailored approach for market penetration by service providers. This in-depth report provides a comprehensive analysis of the Kingdom of Saudi Arabia (KSA) cash management services market, offering invaluable insights for businesses operating within or planning to enter this dynamic sector. Covering the period from 2019 to 2033, with a focus on 2025, this study delves into market size, growth drivers, challenges, and future trends, providing a robust foundation for strategic decision-making. The report utilizes a substantial data set, analyzing key market segments, including production, consumption, import/export, and price trends, to paint a complete picture of the KSA cash management landscape. The market is valued in millions of USD. Recent developments include: February 2023 - Bank AlJazira and American Express Saudi Arabia signed a new partnership contract to provide American Express Cardmembers access to more than 600 ATMs nationwide. The agreement assists American Express Saudi Arabia's guarantee towards increasing the number of sites in which its Cardmembers can contact its services. By permitting ATM withdrawal transactions access to be processed more suitability, American Express Saudi Arabia pursues to strengthen its presence within the country and expand value assistance to its Cardmembers., December 2022 - In partnership with Visa, Saudi British Bank launched the SABB VISA Cashback Platinum Credit Card. This credit card is available to all customers for free for life. The card offers various features and rewards, including offers, rewards, and cashback of up to 10% of the value of purchases automatically deposited into the customer's account each month., November 2022 - American Express Saudi Arabia and Marriott Bonvoy launched the Marriott Bonvoy American Express Credit Card, the first credit card that offers lodging rewards in Saudi Arabia. The new card issued by American Express Saudi Arabia allows cardmembers to earn Marriott Bonvoy points on their daily spending while giving them exclusive benefits, offers, and experiences across Marriott Bonvoy's portfolio.. Key drivers for this market are: 4., Growing Demand For Automation and Optimization of Working Capital Among Various Retailers4.; Increasing Adoption of Debit and Credit Cards4.; Adoption of AI and Advanced Analytics to Predict Patterns In Cash Forecasting. Potential restraints include: 4., Shift Toward Non-cash Transaction4.; Software Incompatibility During Expansions, Lack of Expertise, and Insufficient Cash Management Skills. Notable trends are: Growing Demand For Automation and Optimization of Working Capital Among Various Retailers is Expected to Drive the Market.

Cash-Flows-Other-Operating Time Series for Customers Bancorp Inc. Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides banking products and services. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts, as well as individual retirement accounts and non-retail time deposits consisting of jumbo certificates. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending; mortgage financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services. In addition, the company provides digital banking, such as Banking-as-a-Service to fintech companies; payments and treasury services to businesses; consumer loans through fintech companies; and the TassatPay, an instant blockchain-based digital payments platform which offers instant payments, including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services comprising account reconciliation, collections, and sweep accounts. The company was founded in 1997 and is headquartered in West Reading, Pennsylvania.

In financial year 2024, almost *** billion digital payments were recorded across India. This was a significant increase compared to the previous three years.  Variety of digital payments  The total value of digital payments included large-scale interbank payments, such as Real Time Gross Settlement (RTGS) or National Electronic Funds Transfer (NEFT), as well as payments used by individuals, such as credit and debit cards. India’s mobile payment system, Unified Payments Interface (UPI), recorded strong gains, both in numbers and in value, since 2015. Thereby, it comes as no surprise that international key players, such as Google Pay or Amazon Pay, entered the market. Nevertheless, the most used app in 2021 was domestic app PhonePe.  COVID-19 effects  Since the beginning of the COVID-19 pandemic in India, the number of digital payment transactions continued to grow. This was also true for the various methods of credit and debit transfers, including mobile payments through UPI. Nevertheless, the value of card payments and of large value credit transfers, such as RTGS, decreased considerably in financial year 2021.