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What Is a Payment Mode? Types of Payment Methods Used in India

calendar_today September 13, 2026 person Rishabh Ranjan domain cashfree

A payment mode refers to the channel that enables a buyer to make a transfer of funds to a seller for products/services. With the rapid growth in digital transactions in the last decade in India, UPI is currently the most widely used digital payment method, accounting for around 85% of all digital payments today. Key […] The post What Is a Payment Mode?

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