Friday, 24 March, 2023

Facebook-Reliance Jio deal can be the birth of digital payments 2.0

<p>India as a digital economy has certainly seen an upswing in the past few years as a result of demonetization, launch of UPI based online payments, Aadhaar enabled digital payment system, etc., but it has still a long way to go. The recent Facebook-Jio deal can be a huge catalyst in India&rsquo;s story of digitization with its&rsquo; key focus on hyperlocal digital commerce, expanding to tier 2 &amp; 3 cities and rural areas.&nbsp; It can be the stepping stone to the birth of digital economy 2.0 in India.<br /> &nbsp;</p>