RBI Sets up Rs 500 Crore Fund to Push E-Pay
The Reserve Bank of India (RBI) has created a Payments Infrastructure Development Fund (PIDF) with a Rs 250-crore investment to subsidise setting up of card and e-payment infrastructure in small towns and Northeast India. The RBI stated that the fund is aimed at encouraging acquirers to deploy point-of-sale (PoS) infrastructure, both physical and digital, in tier-3 to tier 6 centres and northeastern states.
Parv Sharma’s key takeaways:
...Existing Subscriber?
Sign in to continue reading
go to Login
New to Counterpoint?
Register to our service
go to Register
Category
Report Type
Report
Summary
Category
Published
Jun 9, 2020
Contact us
© 2025 Counterpoint Technology Market Research