The Rise & Future of Digital Payments in India – IIIndia's digital payments ecosystem is experiencing unprecedented growth, driven by multiple factors. This concluding piece explores the…Dec 3, 2024Dec 3, 2024
The Rise & Future of Digital Payments in India – IFrom the Age of Cash to the Age of Digital, India's journey from a predominantly cash-based economy to a digital-first payments ecosystem…Dec 3, 2024Dec 3, 2024
BCs deserve better operating conditions – a few recommendationsOperating as a BC in India is fraught with challenges. From battling low financial literacy to infrastructural challenges, (you can read…Aug 11, 2024Aug 11, 2024
It’s challenging being a Business CorrespondentIn the previous article on BCs, we highlighted how BCs serve as a significant cog in banking and financial services, especially in rural…Jul 17, 2024Jul 17, 2024
Solutions for Increasing the Adoption of Digital PaymentsIn the previous 2 articles on Digital Payments and Inclusion, we discussed various facets of the digital inclusion ecosystem in India…Jul 17, 2024Jul 17, 2024
Barriers to Adoption of Digital Payments – Part 2Despite the growth of digital payments in India, there are barriers to adoption, like customer preference for cash and lack of internet…Jul 17, 2024Jul 17, 2024
BCs — foot soldiers of changeClose to 2 decades ago, in 2006, the Reserve Bank of India (RBI), gave Banks in India permission to engage Business Correspondents (BCs)…Jun 28, 2024Jun 28, 2024
Digital Payments – the journey to greater Financial Inclusion - Part 1India's digital payment revolution is driving financial inclusion. This series explores the rise of UPI, government initiatives, and the…May 27, 2024May 27, 2024