The Year 2020 saw India and Bharat coming to age on digital payments both on payments and acceptance. This has been purely been possible through JAM - JanDhan Accounts, Aadhar & Mobile / smartphone penetration. Keeping the above 3 as core and the need for better, faster & easier technological solutions, led to the birth of PaySprint in 2020.
India is expected to be a 10 trillion dollar economy in a few years and banking & fintech are going to play a big role in achieving them. Fintech’s have taken the opportunity in 2020 to launch and implement various innovations for consumer growth and this has led to stronger partnership between the banking ecosystem and the Fintech’s.