Reclaiming Economic Growth with Digital Payments

The COVID – 19 pandemics has led to unparalleled public concerns about viral transmission via cash. The number of internet searches pertaining to both “cash” and “virus” is at record highs. There is a huge increase in queries on the safety of using cash and addressing to these queries, RBI has also prescribed on the use of digital payments. While the COVID – 19 pandemics has disrupted economic activities across the globe, on the positive side it has provided an opportunity for digital payments to strike deeper roots and grow substantially across the globe.