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Indigenous digital payments app BHIM has recorded close to 20 million downloads so far, NITI Aayog CEO Amitabh Kant on Tuesday said.
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Unique Identification Authority of India (UIDAI) former chairman Nandan Nilekani today said with new digital payment systems like BHIM and UPI in place, around 15-20 per cent of the country's personal consumption expenditure will become digital in next one year from the current level of 5 per cent.
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In order to promote digital payments, the Reserve Bank of India (RBI) lowered merchant discount rates or payments made by debit cards under Rs 2,000






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