“NBFCs can be enabled to participate more freely in the payment ecosystem through specific measures, such as issuance of credit cards and allowing for OTP based mandates, e-KYC and other services to be provided similar to banks,” it said in a report titled ‘Connected Commerce: Creating a Roadmap for a Digitally Inclusive Bharat’ and jointly released with Mastercard.source https://economictimes.indiatimes.com/industry/banking/finance/banking/niti-aayog-calls-for-strengthening-payment-infrastructure/articleshow/82524239.cms
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