What is Mission Har Payment Digital?

March 9, 2023

The Reserve Bank of India (RBI) has launched a new mission called “Har Payment Digital” as part of its efforts to make every Indian a user of digital payments. The initiative was launched during Digital Payments Awareness Week and aims to reinforce the ease and convenience of digital payments, while also onboarding new users. Also, the central bank has started an initiative to adopt 75 villages and transform them into digital payment-enabled villages. These villages are to be adopted by payment system operators.

Who are the promoters of Mission Har Payment Digital?

Banks and payment system operators will promote the Har Payment Digital campaign and highlight the various payment channels available. The RBI’s Regional Offices will also promote the acceptance and use of digital payments through the Jan Bhagidari activities as part of this initiative.

When was Mission Har Payment Digital launched?

During “Digital Payments Awareness Week”. The week was celebrated by RBI between March 6, 2023, and March 12, 2023. The main objective of the celebration is to make every citizen in the country a user of digital payment. The theme of 2023 Digital Payment Awareness Week was “Adopt Digital Payment and also teach others”.

What is the need for the Har Payment Digital Mission?

According to a survey conducted by the Reserve Bank of India, only 42% of Indians are using digital payments. 35% are aware of digital payments but are not using them. Unfortunately, 23% of Indian citizens are not even aware of the digital payment system! Even if they are taught through rigorous campaigns, illiteracy and insecurities become hurdles. Still, the literates in this 23% population can be covered through the mission. Also, explaining to them the benefits of using digital payments and showing them examples of people benefiting from it should solve insecurity issues.

What is the role of Har Payment Digital Mission in Vision 2025?

India has set Vision 2025 as “E-Payments for Everyone, Everywhere, and every time”. The plan is to achieve 100% digital payment by 2025. The RBI’s mission will help India achieve this target.

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