Coins losing sheen as UPI shines
The circulation of coins in India is slowing down, with a notable decrease in both volume and value growth in recent years. This trend coincides with the surge in UPI transactions, which have provided a convenient digital alternative for small payments.
The circulation of coins in India is slowing down, with a notable decrease in both volume and value growth in recent years. This trend coincides with the surge in UPI transactions, which have provided a convenient digital alternative for small payments.
