What's New :
Prepaid Payment Instruments (PPIs)
The digital payment ecosystem has evolved and seen robust growth in India, but its impact has not been the same on everyone. Analyze. (250 Words)
- Introduce by giving a statistic on digital payment adoption in India. Give few examples of new modes of digital payments like PPI, UPI, etc.
- Discuss why digital payment’s spread has been uneven like the rural-urban digital divide, lack of financial literacy, etc.
- Enumerate efforts made by the government in promoting digital payments
- What more needs to be done and Way forward
Verifying, please be patient.