E-commerce, OTT, gaming witnessed over 100% growth in 2020: Report E-commerce, OTT and gaming witnessed more than cent percent growth in 2020, reveals PayU Insights Report that mapped the impact of COVID-19 & lockdown as seen through the year-on-year change in digital payments. The report further revealed that the pandemic gave a huge boost to online payments, seen in the 24% increase in the number of transactions and 23% increase in expenditure across the PayU platform, year on year. During the festive season (October-December 2020) there was a 45% spike in the number of online transactions vis-a-vis the same period in the previous year, said the report. The report also showed that PayU processed close to 100 million transactions, in a single month during the festive period (15 October – 15 November, 2020). The number of UPI transactions grew by 288% and expenditure through UPI grew a phenomenal 331% between 2019 and 2020. INDOOR ENTERTAINMENT RECEIVES BOOST As...
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