What Is Bharat QR Code? Since demonetization of old currency notes the Government of India has been making a big push for digital payments. To encourage cashless transactions and to promote Digital India initiative, the Government of India has launched Unified Payments Interface (UPI) for smartphones and for basic and feature phones it has introduced Unstructured Supplementary Service Data (USSD).
Thomas said digital wallets like GCash are expected to account for the lion's share of the payments type at 39 percent after three years. GCash vows to boost e-commerce through 2022 Aite Group's Digital Wallet Innovation Awards program recognizes innovation achieved by digital wallet providers that are advancing commerce.
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