Abstract : FinTech is a mix of the words financial and technology, which assists businesses, entrepreneurs, and consumers in managing their financial operations and procedures. Fintech has brought a transition in the conventional global banking business. India has been leading the way in the FinTech revolution, through its completely digitalized payment methods. A number of factors have aided the development and expansion of India's FinTech environment, notably the rising accessibility of mobile phones, number of mobile users, increased and cheap internet access, high-speed connectivity; and various Indian government initiatives such as "Make in India" and "Digital India," as well as the implementation of “demonetization” and “GST”.
Cite : Garg, A., & Chaturvedi, U. (2022). India Is At the Forefront of a Fintech Revolution: A Case Study of Bhim App (1st ed., p. 77). Noble Science Press. https://doi.org/10.52458/9789391842536.nsp2022.eb.asu.c16