Tech and FinTech collaboration

The digital industry observed advent of multiple innovative but niche apps that have contributed to customer convenience. For instance, being able to educate one’s child or leveraging RFID to refuel a vehicle with just a click; this new generation of apps open the possibility of a very different kind of collaborations between Tech and FinTech players in the near future. The next few years will see an increased dependency on smart technologies with improved adoption of mobile payments becoming the norm. Customers will continue to benefit from UPI QR, interoperability will drive digital payments in 2020 and pave the way for financial inclusion in the country.”