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Tag: digital payments ecosystem
The evolution of payments in India—looking ahead
The previous blog discussed the state of India’s digital payments ecosystem. This blog looks at where and how it may evolve further.
Sep 29, 2022
Graham Wright, Akshat Pathak, Disha Bhavnani, Shweta Menon and Diya Chatterjee
Sep 29, 2022
Graham Wright, Akshat Pathak, Disha Bhavnani, Shweta Menon and Diya Chatterjee
How digital payments drive financial inclusion in India: Abridged report
India’s digital payments landscape has transformed dramatically over the past five years. This report, published in collaboration with the National Payments Corporation of India, provides a detailed outlook on India’s journey of digital payments, factors affecting the adoption of digital payments among the LMI segment, and products that have revolutionized the space.
Sep 22, 2022
Manali Jain, Vishes Jena, Disha Bhavnani, Akshat Pathak, Shweta Menon, Maansi Sharda and Pramiti Lonkar
Sep 22, 2022
Manali Jain, Vishes Jena, Disha Bhavnani, Akshat Pathak, Shweta Menon, Maansi Sharda and Pramiti Lonkar
Strengthening the digital ecosystem: Expanding the adoption of Quick Response Code Indonesian Standard (QRIS) among MSMEs in Indonesia
In 2019, Bank Indonesia launched the Quick Response Indonesian Standard (QRIS) solution as part of its payment system vision for 2025 to encourage Indonesia’s 65 million MSMEs to adopt cashless payments. This blog explores challenges in the implementation of QRIS and offers recommendations to improve its uptake in Indonesia.
Jul 5, 2021