RBI is proposing regulatory measures to strengthen digital payments; the new platform aims to enhance security for customers, banks & financial entities however it's unclear how it will benefit financial organisations and customers.
Representational images. Pic/iStock
In today’s fast-growing world, everything comes to your doorstep with just a tap of a button on your digital device. Need to check your bank balance, or make a quick payment to your friend or business client? Your bank is at your service with a single tap. Craving for your favourite dish on a weekend? Your food order is at your doorstep with one swipe. Planning to go on a trip with your friends or family to your favourite destination? Fret not, your ride is a few seconds away with just a booking. All these services are now available with just a click on your digital device. Thanks to digitisation for making the impossible into a happening reality.