Empowering Rural India Through Digital Payments The shift toward digital payments is empowering rural communities by providing them with tools to save, manage, and invest their earnings. Reduced ...

Bank Sakhis enabling digital payments adoption in rural India. Introduced in 2015-16, the female Banking or Business Correspondent (BC) model, promoted by the National Rural Livelihood Mission ...

Neobanking single-handedly raises the bar of rural digital adoption, since most rural populations engage in B2C businesses involving layers of payment cycles towards vendors and stakeholders.

While 44% of urban customers have taken up digital payment channels, rural customers are a distant second, at only 16%. Digital payments in India have evolved into a multi-modal experience. In ...

A latest note titled ''Growing Retail Digital Payments: The Value of Interoperability'' presented by International Monetary ...

India now leads the world in fast digital payments, powered by the rapid growth of the Unified Payments Interface (UPI), ...

In India, financial exclusion has long been a significant barrier to economic progress, particularly in rural areas. However, digital payment systems are now playing a pivotal role in addressing ...

Highlighting the growth opportunity in the digital payments industry in India, Google and Boston Consulting Group (BCG) recently launched a report that projects that by 2020, the size of digital ...

Ahmedabad-based startup Easy Pay has onboarded 500,000 retailers on their platform and its app Paisa Nikal has served more than 35 million people in rural India. Vishal Krishna 1847 Stories Monday ...

India government is planning to enhance digital transactions in rural India by allocating Rs 10,000 crore for Bharat Net’s broadband project. The investment will empower more than 150,000 gram ...