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In India, there are several popular local digital payment products that have gained significant traction among consumers. One of the most prominent is UPI （Unified Payments Interface）, which allows users to transfer money between bank accounts instantly using a mobile app. Another widely used service is Paytm, which started as a mobile recharge platform and has evolved into a comprehensive digital wallet and payment system. PhonePe is also a major player, offering UPI-based payments, bill payments, and financial services. Additionally, Google Pay （known as Tez initially） has become popular for its seamless integration with UPI and user-friendly interface. These products have revolutionized the way Indians handle transactions, making digital payments accessible and convenient for millions of people across the country. |
