The COVID-19 pandemic has compelled many users to seek digital payments as they look for convenience and wish to keep themselves safe from the risk of infection. This “new normal” presents opportunities for institutions to make digital payments meaningful in the daily lives of 600 million low- and middle-income people in the country. MSC’s study covers five categories of payment system indicators—cash, contactless payments, Aadhaar-enabled Payment System, card-based payments and transactions, and remittances and money transfers.





Leave Comments