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What is digital payment index?

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The Digital Payment Index (DPI) is an index that measures the digitalization of payments in a country. It assesses the growth and development of digital payment systems and tracks the progress towards a cashless economy. The DPI takes into account various factors such as the volume and value of digital transactions, infrastructure to support digital payments, consumer behavior, and regulatory environment. The higher the DPI, the more advanced and widespread digital payment methods are in a particular country.
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