India’s Digital Payments have evolved dramatically over last 2 decades with the introduction of NPCI and a new mode of payments like UPI IMPS BBPS AEPS and many more..in-fact Indian would be far ahead in digital payments landscape than many of the countries
Last year, RBI has now come up with New Umbrella Entity for Retail payments to de-risk the dependency on NPCI. The licensing and implementation of first of a set of products NUEs would take nearly 2 years and some big names are in the fray.
No doubt NUE will have a massive impact across all segments
– To Banks
– To Customers
– To Fintechs and Startups
We will make an attempt to explore the evolution of digital payments in India with the introduction of NUE and its wide range of impact across ecosystem & players in next knowledge session on 16th January 2021 at 4:00 PM.