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India announced a pilot for its own central bank digital currency (CBDC), the 'Digital Rupee', with over a million users registered. CBDCs are seen as transformative catalysts that improve financial inclusion and security
As per SNS Insider’s research, the retail point-of-sale terminals market continues to evolve in response to changing consumer expectations, technological...
The report, titled ‘Future of Money, said CBDCs have the capacity to boost financial inclusion by offering a safe and affordable means of making transactions for people with no access to traditional banking services.
The FinTech sector in India is growing rapidly. Reports indicate that the industry is projected to generate $200 billion in revenue by 2030.
India's CBDC e₹: A digital wallet linked to banks, serving as a digital representation of physical cash.