80% of the older consumers in India between the 56-60 years age group show the highest usage of digital payment channels in the next 6 months. This was followed by the 36-45 years age group at 83%.
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Through this investment, both companies will work together to provide greater options on cashless payments and more seamless experiences for consumers across Indonesia and Southeast Asia
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Nandan Nilekeni has been appointed as the chairman of this high-level committee on digital payments along with four other members.
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Visa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses and also expand its footprint into other geographies.
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The top 3 winners will take home cumulative prize money of Rs. 3.25 lakh. They, along with a few other shortlisted entries, will also get the opportunity to work with the Kotak Innovation Lab to jointly launch solutions in the market.
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