Thursday, August 10, 2023

Mr Pranay Jhaveri, MD - India and South Asia, Euronet

today’s RBI announcement about payment system (UPI) 

“Today’s announcement by the RBI to integrate conversational payment technology into UPI reaffirms India’s commitment and effort towards accelerating a digital payment ecosystem. This will certainly harness the innovative capabilities and plug the gap to help create a convenient and easy-to-use payment system for the users, resulting in bringing a vast number of users to the digital platform and further accelerating penetration across the nation.

Moreover, using Near Field Communication (NFC) technology to facilitate offline transactions will undoubtedly boost resolution metrics and improve the customer experience.”

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