White Paper on Financial Inclusion and Digital payments (2008)

Financial Inclusion,

Digital Payment,

This white paper aims at generating a consensus among policymakers on the characteristics of the emerging digital payments ecosystem in India. It seeks to broaden the concept of Financial Inclusion by including digital payments as an important component. It also shows how the key characteristics of digital payments ecosystem are such that they perfectly match the needs of the masses. Also the paper discusses various regulatory hurdles that can be critical in determining success or failure of a digital payments system.