Democratisation

Democratisation is the process of making financial services, particularly payments, accessible to a wider population, including those in rural or underserved areas. It involves leveraging technology to provide affordable and convenient financial solutions to all segments of society.

Why it’s in the news: It is in the news now as a key theme in India's fintech sector, highlighted by a prominent figure at a major industry event.

Latest on Democratisation

• Democratisation of payments is real Indian fintech story, says Fadnavis at Global Fintech Fest

Connections

3 entities linked to Democratisation across the news graph.