cashless payment

Making India a global FinTech superpower

India’s position as an emerging economy was hurt by the Covid-19 pandemic. Undoubtedly, the businesses took a beating but, thankfully, showed early signs of bouncing back soon enough. Digital adoption by Indian masses, especially in the field of finance grew by leaps and bounds. Several government measures to establish a digital ecosystem paid back big … Read more

In focus: Covid-19s impact on digital payments

Digital Payment

Call it deep impact. The wider repercussions of COVID-19 are becoming clearer as most industries now put into motion an array of continuity plans. Payments organizations should now act urgently to moderate the damage it does to their customers, their people, their partners, and their businesses. The focus of their actions will necessarily be short … Read more

Digital Lending: The Big Opportunity for India

Digital Payment

The last four months have been nothing but a roller coaster ride for digital lending players in India. Not only did the country go through the most severe lockdown (and associated demand shock) in the world, the RBI announced a moratorium on loan repayments that added to the uncertainty. At the same time, this period … Read more

Contactless – The new wave of payments in India

Digital Payment

Even though most people are unaware of the nomenclature ‘contactless payments’, it has been very much present around us. It is as simple as hailing a cab using a cab-aggregator. You take the ride and the payment is taken care of digitally. Now, we are just deepening the penetration of these solutions. Banking & Payments … Read more

Consumer trust: the biggest factor driving digital payments

RBI has been advocating the use of digital payments due to the coronavirus crisis. Do you see a rise in the adoption of digital payments as a result of this, specifically at the bottom of the pyramid? Consumer confidence to embrace UPI as a form of payment has seen a consistent growth in the last … Read more

A bird’s eye view of financial services and digital payments

The on-going spread of COVID-19 has become one of the greatest threats to the economy and financial markets across the globe. To contain the impact of the outbreak, India has taken several measures, including a nationwide lockdown; limiting movement of the entire population; shutting down public places and transport, and urging the public to stay … Read more

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