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What The Future Holds In The Indian Digital Payments Space
by Ritu Bhandari - May 12, 2021 12:42 PM
Making digital payments
Snapshot
With e-payments becoming popular as time progresses, here are a list of futuristic reforms that are likely to happen in India, making the less-cash and easy transfer concept more ubiquitous.
Cash is king, but Digital is divine. India has built an expansive, secure, efficient and scalable public digital infrastructure, ‘India Stack’ which is paving the way for a massive world-leading ‘Digital Payments Revolution’.
The entry of well-funded and aggressive technology-first companies (erstwhile dominated by Banks) has made digital payments ubiquitous in India and laid a strong foundation for digitization and cross-selling of other financial services and products. ....

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