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A 'miracle' in India will disrupt e-wallets and incumbents

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11-Apr-18 In Mar-18, the Indian National Payments Corporation reported that UPI saw more than 178 million transactions and totalling more than USD3.7 bn. At this rate, incumbent payment innovators might just get disintermediated themselves. [image: Bloomberg News]

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42% of global e-commerce is happening in China

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10-Apr-18 China’s digital economy has experienced massive growth in the last decade. In 2008, China accounted for <1% of e-commerce; today its share is 42%. In comparison, the United States’ share is down 10% since 2005, to 25%. [image: McKinsey Global Institute]

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