even smartphone users to make payments in the remotest part of the country you just need a phone connectivity to do the transactionsas jan dhan accounts have significantly increased the penetration of bank accounts so it has potential to give last mile delivery digital payment transactions and what money is spent on compared to other payment methods similarly 69 think digital payments offer better promotions incentives or cashbacks than other payment methods australia 4 stated the wise releasethe report also revealed that prepandemic indian travellers spent 42 billion in foreign exchange fees in 2019 alone of which rs 24 billion is hidden in exchange rate markupstotal foreign transaction fees rs paid on remittances to india