India, July 4 -- From UPI processing over 17 billion transactions in a single month to kirana stores & vegetable vendors using QR codes, digital finance in India is no longer a luxury - it's a lifeline.

This surge has brought unprecedented financial inclusion, especially in rural and semi-urban areas. But while access has grown, awareness has not kept pace.

India is in the middle of a digital finance revolution - but the lack of Digital Financial Literacy (DFL) could make it a double-edged sword.

The gaps are striking. While India's literacy rate is over 80%, only 24% of people are financially literate - far below the global average of 42%. Among millennials, digital natives by label, only 19% are digitally financially literate.

This ...