Webinar: Digital Payments in India

The digital payments space in India had been evolving steadily in the last couple of years. However, the economy had a big bang moment when Prime Minister Modi announced the Demonetization drive on November 8, 2016. The stated intention was to reduce the level of money laundering and counterfeit currency in the economy, and to raise the level of transparency to ensure that the number of people paying income tax increased in line with rising incomes. It was indeed a commendable move for the Indian economy which exhibits high levels of corruption, money laundering and tax evasion.

During the Digital Payments India webinar we will take a look at the impact of demonetization and the recent Federal Budget in creating the regulatory impetus for Digital Payments. We then take a brief look at some other factors that will be important for the success of digital payments, as the government would like it to be, including the level of literacy and financial literacy, the proportion of under-banked and unbanked in the Indian economy, and the provision of public services such as electricity distribution and telecom services. Finally we take a look at the future of Digital Payments in India.

Title: Digital Payments in India
Date: Wednesday May 10th, 2017
Time: 5:00 PM - 6:00 PM India Standard Time (New Delhi, Mumbai) / 7:30 PM China Standard Time (BJ/HK/Singapore)

This webinar has already concluded, but the recording can be viewed below.

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