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UPI-powered revolution in digital payments in India, and for the world in future India is currently witnessing a digital payments revolution, with $3 trillion worth digital payments in 2022, which is expected to reach $10 trillion by 2026. Use of Fintech apps like GooglePay, PhonePe or Paytm have grown phenomenally in India.
This tech ecosystem continues to grow rapidly, with India's IT services projected to contribute $350 billion to its GDP by 2026. Eastern Europe (Poland, Romania, Ukraine): A Growing Tech Hub Image Source Eastern Europe is known for its technical prowess, particularly in fintech, cybersecurity, and mobile/web app development.
The global business-to-business (B2B) digital payments landscape is evolving, driven by the expansion of eCommerce, emerging financial technology (fintech) providers, and the growing adoption of blockchain technology. In conclusion, the future of B2B digital payments is being reshaped by fintech innovation, blockchain, and digital currencies.
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