From what I got from the article the McKinsey survey, this is the actual revenues from transactions fees including but not limited to UPI. Not the adjacent reve

From what I got from the article the McKinsey survey, this is the actual revenues from transactions fees including but not limited to UPI. Not the adjacent revenues. > Even with a free public utility, India’s payment revenue swelled last year to $64 billion, behind only China, the U.S. and Brazil, and rivalling Japan, according to McKinsey & Co.’s latest global survey[0]. [0] https://www.mckinsey.com/industries/financial-services/our-insights/the-2023-mckinsey-global-payments-report https://www.mckinsey.com/industries/financial-services/our-i...