India: The fastest growing mobile payment market
Even though demonetization had failed to purge the black money from the Indian market, but it surely drove people more towards digital transactions and today, it is not China but India that has the fastest growing mobile payment market in the world. The number of mobile payment users has surged 75.5% in last one year from 32 million in 2016 to 56.2 million in 2017. In 2018 it is expected to grow even more.