If these entities can enter this lucrative market, it will also help the high valuations of these startups
RBI has changed the method of transactions made through cards. With tokenisation, card payments for online payments have become safer.
Cardless instant online EMI facility up to Rs 5 lakh is provided by this top private lender.
Another obstacle in the path of digital transactions is the fact that only 12-15% of the population are digitally literate
Scheme applicable on transactions up to Rs 5 lakh, will bear no additional cost on the customers
Mastercard and Razorpay have announced a partnership to drive digital payments acceptance by small businesses
The company aims to further accelerate this digital revolution by enabling 5 million new Indian SMBs to adopt digital payments in the next 12 months.