The ubiquity of technology and the standardisation of internet-based connectivity has facilitated the emergence of new digital economies. In some instances, these economies 1) allow participants to trade excess supply, 2) facilitate new ways to commercialise existing activities and influence and 3) generate income in wholly digital spaces from whol... See more

The act covers various aspects of payment systems, including bank transfers (NEFT, RTGS, IMPS), card networks (Visa, MasterCard, RuPay), digital wallets (Paytm, PhonePe), UPI, and more