New Delhi, Oct. 14 -- Despite the massive surge in digital payments across the country, cash continues to hold a strong position in India's payment ecosystem, accounting for nearly half of all transactions.

According to a report by Care Edge Ratings, cash usage in Private Final Consumption Expenditure (PFCE) is estimated to have maintained a 50 per cent share as of Q1FY26.

The report highlighted that despite the huge growth in digital transactions over the years, cash remains resilient and continues to coexist with digital modes of payment.

It stated "Despite such huge growth in digital transactions, cash remains resilient. Cash usage in Private Final Consumption Expenditure (PFCE) is estimated to have reached a 50 per cent share as of...