Digitalisation Of Banking – Digital Payment System | Commerce

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The Indian government has been promoting and propagating online payments aggressively, starting with demonetization back in 2016.
‘Digital India’ had been the guiding force of many economic and financial decisions that pushed Indians to switch to online payments.
Digital India Programme is a flagship programme of Government of India. “Faceless, Paperless, Cashless” is one of the professed roles of digital India.
Digital Payments are payments that are conducted over the internet and mobile channel.
Any payment that is sent online or through mobile computing and internet-enabled devices can be called Digital Payment.
The sender having such means, the receiver of the payment too must have these ways to accept payments.
Chapters:
0:00 Digitalisation of Banking – Digital Payment System
2:00 Digital Payment System In India
10:19 Digital Payment Platforms
10:51 National Payments Corporation of India (NPCI)
12:10 Products Offered By National Payments Corporation of India (NPCI)
17:25 Questions About Digitalisation of Banking

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