Payments Vision 2025

The Reserve Bank’s ‘Payments Vision 2025’ document, which seeks a three-fold jump in the number of digital payments, is progressive and aims to establish India as a powerhouse of payments globally, opined industry players.

Payments Vision 2025 document talks about ring-fencing of domestic payment systems, including the need to mandate domestic processing of payment transactions, in view of the emerging geopolitical risks. Let’s learn more about this topic in today’s post of the Banking vertical.

Post Credits – Muskan Bajpai and Shruti Verma

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