NPCI will incur revenue losses to the tune of 200 crores annually Bankers claim that they would incur a loss of Rs. 5000 crores What am I talking about here? In the budget speech of July 2019, the Union Finance Minister announced that businesses...
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The Indian Fintech market has been growing at an exponential pace with massive consumer adoption. India is currently ranked second behind China in fintech adoption. Slightly more than 60% of users use Fintech in India, which is much higher than the developed countries. What...
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The biggest casualty of COVID-19 Pandemic is the discretionary spending. Either people do not have the liquidity to spend, or they are conserving cash for the rainy days. COVID is terrible news for the fintech ecosystem. The sector already had functional troubles like narrow...
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We live in the age of ‘Insta-Everything,’ and the payments industry has responded well with real-time payments using platforms like the Unified Payment Interface (UPI). UPI has simplified and democratized payments to such an extent that there is no friction in anyone entering the...
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