Thanks to the development of seamless payment networks, India's e-commerce and digital trade ecosystem is flourishing, with the Reserve Bank of India estimating a $2.4 trillion growth by 2047.
Exploring India's cultural attractions is now easier with the UPI One World wallet, eliminating the complexities of forex transactions and reducing travelers' reliance on cash during their visit.
While India has witnessed a surge in digital payments, the country’s KYC procedure continues to be cumbersome, especially for the elderly, poor, and migrants.
India intends to integrate AI technology into digital public infrastructure (DPI) to improve efficiencies and redefine the country's digital ecosystem.
