MEITY joins hand with CAIT to promote digital payments in all levels of retail transactions.
Praveen Khandelwal, Secretary General, CAIT said, "We started this journey of promoting benefits of digital payments approx 2 years back in association with global payments leader Mastercard. It is our fortune that the Ministry of Electronics & IT has decided to encourage us more to take this initiative ahead and now aim at onboarding merchants to digital payments platforms. We remain committed to Honourable Prime Minister Shri Narendra Modi's vision of a digital inclusive India and Shri Arun Jaitley's vision of securing financial inclusiveness for India's largest self-organised base of retailers in every part of the country."
This comes after CAIT released its Less Cash Roadmap earlier this year and after numerous consultations held with various governmental agencies over a year now. Post November 8, a large number of their recommendations have already been accepted and CAIT will now aim at driving state level intense adoption.