Digital Payments in India

Digital Payments in India PDF Author: Jaspal Singh
Publisher:
ISBN: 9788177084924
Category : Digital currency
Languages : en
Pages : 0

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Book 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.

Digital Payments in India

Digital Payments in India PDF Author: Jaspal Singh
Publisher:
ISBN: 9788177084924
Category : Digital currency
Languages : en
Pages : 0

Get Book Here

Book 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.

The Global Findex Database 2017

The Global Findex Database 2017 PDF Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

Industry 4.0 Technologies for Business Excellence

Industry 4.0 Technologies for Business Excellence PDF Author: Shivani Bali
Publisher: CRC Press
ISBN: 1000519198
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
This book captures deploying Industry 4.0 technologies for business excellence and moving towards Society 5.0. It addresses applications of Industry 4.0 in the areas of marketing, operations, supply chain, finance, and HR to achieve business excellence. Industry 4.0 Technologies for Business Excellence: Frameworks, Practices, and Applications focuses on the use of AI in management across different sectors. It explores the benefits through a human-centered approach to resolving social problems by integrating cyberspace and physical space. It discusses the framework for moving towards Society 5.0 and keeping a balance between economic and social gains. This book brings together researchers, developers, practitioners, and users interested in exploring new ideas, techniques, and tools and exchanging their experiences to provide the most recent information on Industry 4.0 applications in the field of business excellence. Graduate or postgraduate students, professionals, and researchers in the fields of operations management, manufacturing, healthcare, supply chain, marketing, finance, and HR will find this book full of new ideas, techniques, and tools related to Industry 4.0.

An Analysis on the Rise in Digital Transactions in India

An Analysis on the Rise in Digital Transactions in India PDF Author: Rajat Rajesh Narsapur
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Digital Transactions and Payments are transparent and non-repudiable. This provides a way for a consumer to install trust within the system of Digital Payments. India is the second most populous country in the world, and hence it is important to look at the existing setup of Digital Payment Systems and the response by the users in terms of volumes of transactions that have been settled. This paper discusses the different types of digital payment systems in India and the rise of transactions through the Digital Medium. The paper draws the impact of Demonetization of Five Hundred and Thousand Rupee notes towards the rise of Digital Payments in India. The paper analyzes the amount of transactions through digital modes in the recent years. The paper concludes with the challenges and the impact of COVID-19 on Digital Payment Systems.

India Transformed

India Transformed PDF Author: Rakesh Mohan
Publisher: Brookings Institution Press
ISBN: 0815736622
Category : Business & Economics
Languages : en
Pages : 491

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Book Description
In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.

Diffusion of Digital Payments in India, 2011-12 Through 2020-21

Diffusion of Digital Payments in India, 2011-12 Through 2020-21 PDF Author: Sunil Mani
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


India’s Approach to Open Banking: Some Implications for Financial Inclusion

India’s Approach to Open Banking: Some Implications for Financial Inclusion PDF Author: Mr.Yan Carriere-Swallow
Publisher: International Monetary Fund
ISBN: 1513570684
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
We examine how the development of the digital infrastructure known as the “India Stack”—including an interoperable payments system, a universal digital ID, and other features—is delivering on the government’s objective to expand the provision of financial services. While each individual component of the India Stack is important, we argue that its key overarching feature is a foundational approach of providing extensive public infrastructures and standards that generates important synergies across the layers of the Stack. Until recently, a large share of India’s population lacked access to formal banking services and was largely reliant on cash for financial transactions. The expansion of mobile-based financial services that enable simple and convenient ways to save and conduct financial transactions has provided a novel alternative for expanding the financial net. The Stack’s improved digital infrastructures have already allowed for a rapid increase in the use of digital payments and the entry of a range of competitors including fintech and bigtech firms.

The Rise of Digital Money

The Rise of Digital Money PDF Author: Mr.Tobias Adrian
Publisher: International Monetary Fund
ISBN: 1498324908
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.

Development Co-operation Report 2021 Shaping a Just Digital Transformation

Development Co-operation Report 2021 Shaping a Just Digital Transformation PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264856862
Category :
Languages : en
Pages : 503

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Book Description
Digital transformation is revolutionising economies and societies with rapid technological advances in AI, robotics and the Internet of Things. Low and middle-income countries are struggling to gain a foothold in the global digital economy in the face of limited digital capacity, skills, and fragmented global and regional rules.

Demonetization: India’s Cashless Economy

Demonetization: India’s Cashless Economy PDF Author: Prof. (Dr.) B. Uday Kumar & Mrs. K. Radhika
Publisher: Horizon Books ( A Division of Ignited Minds Edutech P Ltd)
ISBN: 9386369389
Category :
Languages : en
Pages : 113

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Book Description
In the developing economy like ours, the importance of Demonetization is to a great extent has been acknowledged by all specially when optimum utilization of resources is the crying need of the day. in the view of this, this topic is gaining importance and thus has been included in the curriculum of Telangana state. This book has primarily been written in the simple language and in a lucid style with a view to explain to the society. numerous examples have been incorporated in this book to illustrate the basic principles of the subject. A good number of practical problems with examples are mentioned in this book by common people.