{"id":8066,"date":"2020-02-10T06:37:57","date_gmt":"2020-02-10T06:37:57","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=8066"},"modified":"2020-02-10T06:37:58","modified_gmt":"2020-02-10T06:37:58","slug":"reserve-bank-of-india-to-create-digital-payments-index","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/reserve-bank-of-india-to-create-digital-payments-index\/","title":{"rendered":"Reserve Bank of India to create Digital Payments Index"},"content":{"rendered":"\n<p>Reserve Bank of India announced the setting up of a Digital Payments\nIndex. This index, the RBI says would help capture the extent of digitisation\nof payments effectively. The DPI would be based on multiple parameters and\nshall reflect accurately the penetration and deepening of various digital\npayment modes. The DPI will be made available from July 2020 onwards.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current\nAffairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<p>Recently, the government scrapped merchant discount rates\n(MDR) on payments made through Rupay debit cards and the Unified Payments\nInterface (UPI), in a bid to push digital payments. MDR is basically the cost\npaid by a merchant to the bank for accepting payment from their customers via\ndigital channels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reserve Bank of India announced the setting up of a Digital Payments Index. This index, the RBI says would help capture the extent of digitisation of payments effectively. The DPI would be based on multiple parameters and shall reflect accurately the penetration and deepening of various digital payment modes. The DPI will be made available [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":8067,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[906],"tags":[886,64],"offerexpiration":[],"class_list":["post-8066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-february-2020","tag-index-current-affairs","tag-reserve-bank-of-india-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/8066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=8066"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/8066\/revisions"}],"predecessor-version":[{"id":8068,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/8066\/revisions\/8068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/8067"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=8066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=8066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=8066"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=8066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}