Introduction In the modern world, digital payments have emerged as a transformative force, reshaping the financial landscape. The advent of digital financial services has created unprecedented opportunities for financial inclusion, enabling millions of people worldwide to access banking services that were previously unavailable to them. Digital payments facilitate economic participation, enhance financial literacy, and empower…
India Stack refers to a set of technology-driven solutions and frameworks designed to digitize key aspects of the Indian economy and its governance systems. It is often regarded as one of the most ambitious efforts in the world to build a digital infrastructure for financial inclusion, governance, and public service delivery. The “India Stack” is…
Introduction Digital payment is a modern method of financial transactions that eliminates the need for cash by allowing individuals and businesses to transfer money electronically. With rapid technological advancements, digital payment systems have gained widespread adoption due to their convenience, speed, and security. This essay explores digital payments, how they work, their security mechanisms, potential…