Maddirala said the digital payment infrastructure helps the growth of the fintech commerce, emphasising the importance of enhancing digital payment strategies in rural areas, significantly by the use of the Unified Funds Interface, along with promoting digital footprint-based lending for the micro, small and medium enterprises.
From the companies’ side, the meeting was attended by Cred Founder Kunal Shah, MobiKwik’s Bipin Preet Singh and Google Pay’s Sharath Bulusu, aside from BillDesk, Infibeam Avenues and Razorpay.
Commerce our our bodies like Startup Protection Dialogue board, Funds Council of India and Digital Lenders Affiliation of India have been moreover in attendance.