NITI Aayog calls for strengthening payment infrastructure

“NBFCs can be enabled to participate more freely in the payment ecosystem through specific measures, such as issuance of credit cards and allowing for OTP based mandates, e-KYC and other services to be provided similar to banks,” it said in a report titled ‘Connected Commerce: Creating a Roadmap for a Digitally Inclusive Bharat’ and jointly released with Mastercard.

from Banking/Finance-Industry-Economic Times https://ift.tt/3o3mmkM