Business Standard

People turn to dating apps for companionship during lockdown: Report

Razorpay study says digital payments have rebounded by 23% the past 30 days, consumer payment behaviour has changed due to stress in income across households

work from home, office, workplace, coronavirus, job, wfh, computer, tech, startups,
Premium

He said Covid-19 is forcing sectors to digitize as businesses can’t be closed for a long period of time and social distancing is here to stay, for the next 12 months at least.

Peerzada Abrar Bengaluru
Locked up at home, people have turned to dating apps for companionship, according to fintech company Razorpay’s ‘101 Days Of Covid-19 Era’ report about the impact on digital payments in the country. Social isolation has also led to a surge in online counselling platforms to connect with mental health experts. The social engagement sector which includes personal counselling, dating and matrimony websites has witnessed a 32 per cent growth based on the digital payment data collated by Razorpay.

The report also said that digital payment transactions have rebounded by 23 per cent in the last 30 days. The overall digital

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in