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HOME > NEWS > Retail technology expo|India's version of swipe payment: disrupting tradition and leading the world! Modi shows swipe payment novelty technology!

Retail technology expo|India's version of swipe payment: disrupting tradition and leading the world! Modi shows swipe payment novelty technology!

After Prime Minister Narendra Modi demonstrated the Indian version of swipe payment technology to France, this new payment method has attracted global attention and appreciation.

The payment method enables real-time money transfers by scanning a QR code provided by a merchant through a mobile app, bringing greater convenience and efficiency to users .

The demonstration highlighted India's strength and innovation in the field of digital finance, which is expected to spread globally in the future.

In recent years, the popularity and development of mobile payment has changed people's consumption habits, making payment more convenient, fast and secure. The Indian government has been committed to promoting technological innovation, the launch of the Indian version of the scanning code payment is one of the important initiatives.

By scanning the QR code provided by the merchant through a mobile app, users can transfer money in real time and spend more conveniently The mobile app allows users to transfer money in real time, making it easier to spend money. This payment method is fast, safe, secure and easy to use, and is very popular among users.

Retail technology expo learns that the purpose of the Indian government to launch this payment method is to deepen the application of digital finance in Indian society. Digital finance is an important direction of modern financial development, which can enhance the efficiency and transparency of the entire financial system.

Through the promotion of code-sweeping payment, the Indian government hopes to promote the digital transformation of Indian society and enhance people's financial literacy and convenience. . This is also the Indian government's support and encouragement for the development of the fintech industry, which provides a better development environment for innovative enterprises.

After Modi showed French President Macron the Indian version of the code-sweeping payment technology, Macron expressed his appreciation and said that France will closely follow and learn from this payment model. The move shows the international recognition of India's strength and innovation in the field of digital finance. As a large developing country with a huge market and innovative technological strength, India has great prospects for its development in the field of digital finance. The introduction of the Indian version of code-sweeping payment is an important inspiration for the development of the global financial industry, which will lead to the development and application of financial technology innovation and promote the upgrading and improvement of the global financial system.

Retail technology expo learns that the Indian version of code-sweeping payment is expected to be popularised and promoted globally. With the popularity of mobile payment and the increase in people's demand for digital finance, code-sweeping payment has huge market potential. With the deepening of digital transformation, the fintech industry will also continue to innovate and provide users with more convenience and choices. The successful promotion of the Indian version of code-sweeping payment will have an important role in fuelling global financial development, bringing new opportunities for innovation and development of the financial industry.

To summarise, the Indian version of code-sweeping payment has gained international attention and appreciation in the showcase

This payment method brings greater convenience and efficiency to users by scanning the QR code provided by the merchant through a mobile phone application to transfer money in real time . The Government of India launched this payment method with the aim of deepening the adoption of digital finance in Indian society and providing a convenient, fast and secure way of spending for the general public. The launch of this payment method highlights India's strength and innovation in the field of digital finance, and is expected to be popularised and promoted globally, thus providing an important boost to future financial development.

The successful rollout of India's version of code-sweeping payment will be an important contributor to global financial development, opening up new opportunities for innovation and growth in the financial sector. It also provides an example for other countries and regions to learn and learn from. Many countries have already begun to pay attention to and study the Indian version of code-sweeping payment and are actively exploring their own code-sweeping payment models.

With the global population generally owning smartphones and the increasing acceptance of electronic payments, mobile payments have become a trend and a necessity. As a form of mobile payment, code-sweeping payment is easy to operate, convenient and efficient, safe and reliable, and more adaptable to the fast-paced lifestyle of modern people. It greatly enhances the consumer experience and brings convenience and benefits to merchants and government departments.

Thanks to the efforts of countries around the world, digital finance is being further popularised and promoted. Both developing and developed countries are gradually recognising the importance of digital finance and actively pursuing relevant policies and measures. Digital finance not only provides people with convenient payment methods, but also promotes financial inclusion and economic development, reduces the cost of financial services, and improves financial efficiency and transparency.

India has made remarkable achievements in the implementation of code-sweeping payment, and Retail technology expo learns that its successful experience is worth learning from other countries and regions. With the power of modern technology, financial services can become more inclusive and convenient, so that more people can benefit from them. It is also necessary for governments, financial institutions and technology enterprises to strengthen their co-operation and work together to promote the development and application of digital finance, so as to create a more convenient and secure financial environment for people.

Source: 微信公众号— 靓靓的秘密基地


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