Ecommerce, OTT and gaming witness over 100% growth in 2020:

Ecommerce, OTT and gaming witness over 100% growth in 2020: PayU Insights Report


Ecommerce, OTT and gaming witness over 100% growth in 2020: PayU Insights Report
ANI |
Updated: Apr 20, 2021 12:49 IST
New Delhi [India], April 20 (ANI/PRNewswire): PayU, India's leading online payments solution provider, has mapped the impact of COVID-19 and lockdown as seen through year-on-year change in digital payments.
The pandemic gave a huge boost to online payments, seen in the 24 per cent increase in the number of transactions and 23 per cent increase in expenditure across the PayU platform, year-on-year. Interestingly, during the festive season (October-December 2020) there was a 45 per cent spike in number of online transactions vis-a-vis the same period in the previous year. In line with this trend, PayU processed close to 100 million transactions in a single month during the festive period (15 October-15 November, 2020).

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