Phase IFoundation
Background
Overview
This concept is crucial for understanding the challenges and policy dilemmas in maintaining India's rapidly expanding digital payment infrastructure. it involves balancing financial inclusion goals with the economic realities of operating complex systems, impacting government fiscal policy and the future of cashless transactions.
The sustainability of a digital payment ecosystem refers to its long-term viability, ensuring that the costs of developing, maintaining, and operating the infrastructure are adequately covered, while also promoting widespread adoption and affordability for users and merchants.