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INTRODUCTION With the emergence of the technological revolution, not only has the importance of the business sector increased exponentially, but also the way business’ function and run has changed significantly. Businesses often gather and employ creative and original ideas that are unknown to their rivals in order to gain an advantage and preserve the uniqueness...

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INTRODUCTION The Department of Payment and Settlement Systems of the Reserve Bank of India (hereinafter referred to as the “RBI”)  issued the Payments Vision 2025 whitepaper on 17.06.2022. The paper examines the attainment of the goals outlined in the 2019-21 payments vision and lays out the vision for development of Payment mechanism in India until...

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