By Timur Sirt

The average sessions in investment apps surged 88%, while payment and banking app sessions increased by 49% and 26%, respectively, during the COVID-19 pandemic, the latest report on global fintech app usage showed

 

By Ashwin Manikandan

The volume and value of transactions in June are significantly higher than mobile transactions recorded in February. More Indians used their mobile phones to make payments and to transfer funds in June, than in any previous month since the Reserve Bank of India started recording such data in July 2011.