View: Digital payments are transforming India’s economy

It is truly remarkable to see the rapid pace of change over the past decade making India the world’s fifth largest economy. India’s concerted push towards a “less-cash” economy is bringing half a billion Indians from underserved communities into the country's economy; a key factor leading the country to becoming one of the world’s fastest growing economies. As Vice Chair of Visa, I strongly believe that advancing financial inclusion is the key to building sustained economic growth and India is creating a model for the future of payments globally.