Tag: <span>digitization trend</span>

Will KYC compulsion put a break on digitization trend in India?

Demonetization pushed people towards digitization as there were severe restrictions put on the cash transaction. Slowly, but definitely, people got used to the use of e-payments. They started finding it easy to make payments through e-wallets. RBI issued licenses to 55 non-bank mobile wallets while 50 banks have their own e-wallet apps. Within a few […]