RBI’s Payment Vision 2025 is positive not just for FinTech’s like RapiPay but also for people in smaller towns. The core theme of ‘E-Payments for Everyone, Everywhere, Everytime’ (4Es) blends with RapiPay’s vision of taking financial inclusion to the last mile. The central
Bank’s approach of facilitating users with a seamless digital payment experience is expected to support the aim of cash-lite economy and also stress on the shift Cash on Delivery (CoD) transactions to digital modes. RapiPay is the only digital banking player in the country to have a ready phygital infrastructure of half a million hybrid direct business outlets (DBOs). We have a wide array of Point of Sale (POS) devices for all types of payment acceptance and going ahead we plan to install 1 Mn POS machines across India.”
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