We are creating some awesome events for you. Kindly bear with us.

India improves government e-payment adoption

This year, India’s overall ranking on the government’s adoption of digital method payments moved up 8 ranks; from the 36th place in 2011 to the 28th in 2018.

According to a survey, India still has more to do about its digital ecosystem, infrastructure, access and socio-economic factors. The survey said that India is making progress in advancing government e-payments capabilities. It is one of the top-performing countries in terms of citizen-to-government (C2G), business-to-government (B2G) and government-to-business (G2B) transactions.

The Policy Commission of India, that is the National Institution for Transforming India (NITI Aayog), released a press statement earlier this year that said the digital payment market in India is expected to grow to US $1 trillion by 2023.

This growth in the mobile payments market has presented several big business opportunities for players in the digital space. Mobile payments are expected to rise from US $10 billion in 2017-2018 to US $190 billion by 2023.

According to the survey, India holds the top ranking on B2G and G2B and comes third on C2G along with Argentina. Norway is at the top of the list, followed by France and Denmark.

The survey that covered 73 countries was last conducted in 2011. It studies the availability of government electronic transaction services, the digital context, and the type of support available for the digitisation for all transactions in a market, such as policy and infrastructure.

It suggested the country can further improve its standing by focusing specifically on expanding access to digital infrastructure, investing in socio-economic development, and promoting a healthy, competitive market.

The digital payments movement in India has been growing, in August, the Indian Finance Minister said that digital payment will soon be the country’s norm. With over 300 million monthly transactions through the Unified Payments Interface (UPI), the Government claimed that around 10 million people are a part of the digital payments space.

Launched in 2016 under Digital India, UPI is a system that powers several bank accounts into a single mobile application (of any participating bank), merging several banking features. The National Payments Corporation of India (NCPI) said that UPI registered around 312 million transactions in August, up 32% from 235 million transactions in July.

Although the CSC (Common Service Centre) initiative has been working to provide affordable data plans, a number of remote communities in the country still lack reliable access to the Internet. The same is also the case with payment acceptance infrastructure, where the country lags behind despite government programmes and schemes.

The survey ranked India 60th among the 73 countries on socio-economic development and highlighted the need to focus its efforts on building awareness for digital payments, as well as its citizens’ and businesses’ engagement with Internet-enabled services.

While the country has done well on financial inclusion, its overall performance in inclusiveness dropped due to a lack of government integration of the informal economy.

The survey also noted that the government incentives on digital payments adoption is restricted to only specific types of digital payment methods, which limits its efficacy.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend