Nearly ten per cent of Indian digital transactions are declined monthly across four modes of payments, data from the country’s flagship payments processor show.

       This includes Immediate Payments Service, Unified Payments Interface, transactions in automated teller machines (ATMs) passing through the National Financial Switch (NFS) network, and welfare scheme transfers under the Aadhaar-enabled Payments System (AePS) for the period August to November 2021. !function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var ...