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Merchant Digitization Summit 2021

  Apr 04, 2021

Merchant Digitization Summit 2021

Q Why is it in News? 

Recently, the Government of India, Federation of Indian Chambers of Commerce and Industry (FICCI), and UN-based Better Than Cash Alliance hosted Merchant Digitization Summit 2021: towards Atma Nirbhar (Self Reliance) Bharat.

Q What were the highlights of summit?

Q What are recent initiatives in this regard? 

Q What is this Better Than Cash Alliance (BTCA)?

Better Than Cash Alliance (BTCA)  is a partnership of governments, companies, and international organizations that accelerates the transition from cash to responsible digital payments to help achieve the Sustainable Development Goals.

Q Which are its Member Countries? 

The Alliance has 75 members which are committed to digitizing payments in order to boost efficiency, transparency, women’s economic participation and financial inclusion, helping build economies that are digital and inclusive.