Digital payments have been accelerating in India for the past few years, and covid-19 has given it a further push. In an interview with Mint, T.R.
Ramachandran, group country manager, India and South Asia, Visa, discussed what lies ahead for the industry and the innovations that will drive it.
Edited excerpts:Covid-19 has boosted contactless payments. What does this mean for the future of digital payments?There has been a worldwide acceleration in digital shopping due to the changes in the way we live, work and buy.
And this changes the way we have envisaged the future of digital payments. Digital payment have been around for quite a while but consequent to the pandemic outbreak, low or no-touch payments are likely to see an upswing.We have.