Post by Pahlé India Foundation (PIF)

India's digital payments story isn't just about scale: it's also about inclusion. A new Pahlé India Foundation (PIF) white paper, "Prepaid Payment Instruments and India's Digital Payments Ecosystem: Balancing Regulatory Objectives with Adoption, Inclusion, and Innovation", by Dr Suyog Dandekar and Surabhi Singh examines the evolving role of PPIs in India's digital economy and the policy considerations surrounding the proposed regulatory changes. The signal: the average PPI transaction value is now around ₹326. These are small, high-frequency transactions such as utility payments, transit, e-commerce purchases, and gig-economy payments. At the same time, transaction volumes have grown significantly over the years, indicating that adoption is being driven by frequency of use rather than larger transaction sizes. The paper highlights that PPIs have become an important gateway to digital payments for many users, including gig workers, small merchants, and financially underserved populations. As policymakers seek to strengthen consumer protection and operational resilience, the study recommends a proportionate, risk-based approach that safeguards users while preserving accessibility, convenience, and the low-friction payment experiences that have supported digital adoption at scale. Stay tuned as we unpack more insights, data points, and policy implications from the study- https://lnkd.in/g6kzNCBy As featured by some of the reputed media channels NDTV Profit, BW Businessworld, and MSN, Hindu businessline: → https://lnkd.in/geryucEs → https://lnkd.in/gEgGpaGT → https://lnkd.in/gzcj4mBt #DigitalPayments #Fintech #FinancialInclusion #DigitalIndia #PublicPolicy #PaymentsEcosystem