Payments tech economy’s lifeline, vital for financial inclusion: RBI governor

Das said that 91% of prepaid instruments were in the form of e-wallets and the rest in the form of cards. He said the shift to digital has also been accelerated by fast payment systems, such as Immediate Payment Service (IMPS) and Unified Payments Interface (UPI), which provide immediate credit to beneficiaries and are available round the clock.


via Economictimes

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