Hurun India Health Report: 36% of Indian millionaires use e-wallets or UPI for payment

With the rise of UPI transactions and e-wallets, it has now been revealed that 36% of Indian millionaires use e-wallets or UPI as their preferred payment method as compared to the 18% last year. During the pandemic year, Indian HNIs were more risk-averse. In the Hurun Indian Luxury Consumer Survey 2021, about one-third of HNIs pursued a risk-averse investment mindset during the pandemic, up from 18% last year.