Coronavirus: A roller coaster ride for you: impact, economy and the world by A Narmis

Author:A, Narmis [A, Narmis]
Language: eng
Format: epub
Published: 2020-06-23T16:00:00+00:00

In india, the RBI, National Payment Corporation of India (NPCI), along with government bodies, banks, financial institutions, regulatory authorities, are already teaming up to promote the faster adoption of digital payment methods. The emphasis is on using NEFT, IMPS, and UPI. Though different economies are at different stages across the world, the COVID-19 has definitely cleared the road for digital payment methods in India and it helps levitating the Digital India initiatives.

“Technology has made it all possible”. The pandemic gave us a chance to re-evaluate and push businesses everywhere into an accelerated state of digitalization. COVID-19 has increased the adoption of digital payment solutions significantly. E-payments options are making it possible for people to sit at home and order essentials online be it from Flipkart or Amazon or any of the online e-commerce platforms. The use of digital payments was anyway growing but we have now seen this grown even more exponentially thanks to this COVID-19 situation.”

Sunayana Hazarika, Marketing Manager at ATEN

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