DIGITAL PAYMENTS INDEX (DPI)

PRELIMS BITS 

The Reserve Bank of India (RBI) published the RBI–Digital Payments Index (RBI-DPI).

About RBI-DPI

• Objective: To measure the extent of digitization in payment systems and the adoption of online transactions.
• Release Frequency: Semi-annual (March and September).
• Base Period: March 2018.
• Parameters: Payment enablers, payment infrastructure (demand and supply-side factors), payment performance, and consumer centricity.