G20: 'Indian presidency aims to revolutionize digital payment infrastructure', Sherpa said.

G-20 Sherpa Amitabh Kant on Friday said one of the key objectives of India's G-20 chairmanship is to revolutionize digital payments infrastructure, as very few people knew about it in the beginning, but it has been taken forward on a large scale. has been extended. He further said that digital payment infrastructure has been widely accepted as a way to bring about financial inclusion.

Addressing a press conference ahead of the summit, Kant said, “When India began its presidency of the G-20, very few people knew about the digital payments infrastructure and its open source model. This has been pursued extensively by both the Finance Track and the Sherpa Track in a very rigorous manner. Digital payments infrastructure has been broadly accepted as... the way to bring about financial inclusion. It's the way to get paid faster, it's the way to drive future innovation.

He said, 'One of the major achievements of India's presidency is that it has completely revolutionized the digital payments infrastructure, which is a unique model. Its definition, its framework and how we take it forward have all come under discussion during India's G-20 chairmanship. He also said the leaders' announcement in New Delhi at the end of the G-20 summit will reflect the voices of the global South.