The Indian economy is predominantly cash-driven with only 5 per cent of the country's Personal Consumption Expenditure done electronically. This shows that there is a huge unexplored market for payment companies. It will require all players across the payments value chain to create much greater innovation in payment services.
18th July 2019
The global cybersecurity threat landscape today is scary. As a nation, we are losing almost 2.5 per cent of our GDP to cybercrimes. This loss is almost equal to our defence budget of roughly Rs 200,000 crore.