Digital Payments in India: Background, Trends and Opportunities

Digital Payments in India: Background, Trends and Opportunities
ISBN-10
8177084925
ISBN-13
9788177084924
Category
Digital currency
Pages
196
Language
English
Published
2019-11
Author
Jaspal Singh

Description

The technological revolution in the field of electronics and telecommunications has helped to bring about sophisticated developments in the payment systems of many countries. A well-defined payment system is, therefore, a crucial component of the financial infrastructure of a country. Presently, India's payment systems are not only comparable to systems anywhere in the world, but are standards for other emerging economies to emulate. National Payments Corporation of India (NPCI) is the mainstay of payment systems and its proximate objective is to provide convenient anytime-anywhere payment services that are secure and easy-to-use. This book is an informative and descriptive document on the subject of payment systems in India.

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