Hitachi Payment Services launches financial inclusion initiative indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.
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The Digital India campaign, launched in 2015, saw various sectors including retail, manufacturing, finance, hospitality, and others, adapt to the rising speed of technology. Traditional small businesses and MSMEs steadily moved their infrastructure to digital, and have since experienced efficiency and ease of doing business.
The Indian banking industry has seen very unique progress in digital adoption. According to PwC India, the digital payments landscape in the country has been growing rapidly over the last few years. The Reserve Bank of India (RBI) reported a compound annual growth rate (CAGR) of 61 percent in volume, and 19 percent in value for digital payments in India between 2014–2019. This growth has been supported and propelled by the continuous emergence of new technologies, payments products/methods, the introduction of disruptive market players and regulatory interventions, among many other factors.
Union Minister Ravi Shankar Prasad at launch of new digital payment app DakPay . Photo/ANI DakPay is double strength of service offerings in form of online payments, says Ravi Shankar Prasad ANI | Updated: Dec 16, 2020 06:06 IST
New Delhi [India], December 16 (ANI): The Department of Posts (DoP) and India Post Payments Bank (IPPB) unveiled a new digital payment app DakPay on Tuesday which has been launched as part of its ongoing efforts to provide digital financial inclusion at the last mile across India.
On the app launch event, Union Minister for Communications Ravi Shankar Prasad appreciated India Post Payments Bank s efforts during the fight against COVID-19 by providing doorstep financial assistance through AePS leading to the financial empowerment of the unbanked and the underbanked.
India Post launches its digital payments services DakPay indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.
India Post Payments Bank launches digital payment app DakPay
DakPay is not simply a digital payment app but is a collection of digital financial and assisted banking services bundled together for its users. These services are provided by India Post & IPPB through its postal network spread across the nation
BusinessToday.In | December 15, 2020 | Updated 16:50 IST
Union minister Ravi Shankar Prasad praised the IPPB for providing door-to-door financial assistance during the COVID-19 pandemic
Department of Posts (DoP) and India Post Payments Bank (IPPB) on Tuesday unveiled a new digital payment app called DaKPay at a virtual event. The app is part of the department s ongoing efforts to provide expand digital financial inclusion to all corners of the country.