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From being a predominant cash economy, India is now considered a ‘lighthouse’ in the way it has designed its electronic payments infrastructure to emerge as the world’s fastest growing digital payments economy. Progressive regulatory policies, the proliferation of smartphones, and booming investments in digital payments are fuelling the country’s journey towards a trillion-dollar digital economy. Having embraced the goal of “Faceless, Paperless, Cashless” Digital Payments, the next few years will revolutionise the way money is moved in the Indian economy.

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