Gaurav Rohatgi, a trailblazer in the realm of payment security and automation, has been instrumental in revolutionizing payment processes, particularl
Cash is still the preferred mode as a savings instrument for its 'store of value' and for precautionary purposes
UPI mode of payment preferred by 25% families
The ratio of currency in circulation as a proportion of GDP rises to 14.5% for 2020-21
RBI needs to monitor the new system and tweak it if the need arises.
E-Rupi Benefits: Users of this one-time payment mechanism will be able to redeem the voucher without a card, digital payments app or internet banking
'Pay to contacts' displays the UPI id associated with the selected contact, irrespective of the UPI app used by the receiver
PhonePe's dynamic QR code solution will enable customers to pay digitally through any UPI app at the time of delivery.
RBI’s concerns go beyond the realms of customer focus and efficiency gains. It has flagged issues of cybersecurity, data privacy, etc.
New-age companies are well-positioned to tap into underpenetrated segments like insurance, mutual funds, and capital market.