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Digital Payments Awareness Week 2023

Reserve Bank of India (RBI) has launched ‘Har Payment Digital’ mission on the occasion of the digital payments awareness week 2023.

Digital Payments Awareness Week (DPAW) 2023

Reserve Bank of India (RBI) is observing Digital Payments Awareness Week (DPAW) 2023 from March 06 to 12, 2023. 

The campaign theme is “Digital Payment Apnao, Auron ko bhi Sikhao” (Adopt digital payments and Also teach others). The message is in sync with the Payments Vision 2025 of  RBI.

‘Har Payment Digital’ mission

RBI has launched the mission ‘Har Payment Digital’ on the occasion of the DPAW 2023. This is part of RBI’s endeavour to make every person in India a user of digital payments.

Activities during DPAW 2023

During the DPAW 2023, RBI will be conducting awareness and outreach programmes which will also form part of ‘Jan Bhagidari’ events under the Indian G20 presidency. Similar initiatives will be undertaken by the bank and non-bank Payment System Operators (PSOs).

RBI will also initiate a ‘75 Digital Villages’ programme in observance of 75 years of Independence. Under this programme, PSOs will adopt 75 villages across the country and convert them into digital payment enabled villages.

Payments Vision 2025

Payments Vision 2025 builds on the Payments Vision 2019-21 and outlines the thought process for the period up to December 2025.

  • Core theme – E-Payments for Everyone, Everywhere, Everytime (4 Es)
  • Vision – Provide every user with Safe, Secure, Fast, Convenient, Accessible, and Affordable e-payment options (6 Attributes)
  • Five anchor goalposts – Integrity, Inclusion, Innovation, Institutionalisation and Internationalisation
  • Specific initiatives – 40 (incorrectly mentioned as 47 in press release)
  • Expected outcomes – 10


References

Reserve Bank of India. (2019, May 15). 'Payment and Settlement Systems in India: Vision – 2019-2021'. Retrieved from https://www.rbi.org.in/Scripts/PublicationVisionDocuments.aspx?Id=921

Reserve Bank of India. (2022, June 17). 'Payments Vision 2025'. Retrieved from https://www.rbi.org.in/Scripts/PublicationVisionDocuments.aspx?Id=1202

Reserve Bank of India. (2022, June 17). 'Payments Vision 2025'. Retrieved from https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=53886

Reserve Bank of India. (2023, March 06). 'Digital Payments Awareness Week 2023 – Launch of Mission “Har Payment Digital”'. Retrieved from https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=55335


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