Euronet Worldwide – is a global and industry leading payments and financial technology solutions provider.
Himanshu Pujara, Regional MD, APAC, Euronet Worldwide
“Money has changed forms over centuries. From salt & cattle to now paper money which lasted the longest time. This is a historic budget that has defined the future of money i.e Digital Currency. A landmark step that will improve the economy and reduce Its dependence on paper money. We welcome the introduction of the Digital Rupee using block chain technology by RBI.”
Pranay Jhaveri, MD, India and South Asia, Euronet Worldwide.
We see that government has laid out a strong framework for a digital ecosystem to make it safer, secure and affordable for individuals and businesses. With the target to complete the laying of optical fiber in villages by 2025, settlement of 75% of running bills in 10 days, and setting up online eBill system are focused projects to expand digital infrastructure, improve internet access, increase payment touchpoints across hinterlands of India. Introduction of the digital currency will bring in security and transparency. We also, welcome the initiative of setting up 75 banking units in 75 districts. As 1.5L post offices come into the core banking fold, we hope that ATMs will become as ubiquitous as post boxes which will directly serve the financial inclusion narrative of India.”
