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2024

78 pc of consumers choose digital banking over cash transactions

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New Delhi [India], August 25 (ANI): 78 per cent of consumers now prefer to do most of their banking digitally through mobile apps or websites, according to the Alkami report.

This shift is part of a broader trend towards cashless transactions and contactless payments, which have become the default for many, especially since the COVID-19 pandemic.

According to the report, nearly 80 per cent of financial institutions have s