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ONE INTERESTING OBSERVATION SERIES DAY #17 Let me tell you something interesting about Rupay, our domestic payment network that's competing with Visa and MasterCard. The volume of transactions processed through it has been declining for 24 months

This could indicate a shift towards higher-value transactions on RuPay. Perhaps more people are using it for big-ticket purchases or B2B transactions, while smaller everyday transactions are moving to UPI or other platforms.