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Indian DFS chief urges fintechs to boost offline payments for better financial inclusion.
DFS Secretary M Nagaraju urged fintech companies to focus on offline payment solutions to enhance financial inclusion, linking it to seven UN Sustainable Development Goals.
In India, financial inclusion has surged from 35% in 2014 to 99% of adults today due to initiatives like the Pradhan Mantri Jan Dhan Yojana.
The sector also faces growing cybersecurity threats, with AI now playing a key role in fraud detection and prevention.
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El jefe del DFS de India insta a las fintechs a impulsar los pagos fuera de línea para una mejor inclusión financiera.