Growing infrastructure and demand for mobile payments could have an impact on India’s economy

India mobile phone manufacturing

Report highlights the beneficial impact that better mobile technology and Internet connectivity will have on the country New mobile payments technology and the expansion of a 4G mobile network will have a major impact on India’s economy this year, according to a new report from Union Budget. India’s mobile infrastructure has been growing at a fast pace, largely due to growing smartphone penetration and the rising demand for mobile Internet access. The expansion of this infrastructure will make it easier for consumers to take advantage of new payment services and…

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