Digital Payments Index(DPI) ● Released by: Reserve Bank of I | UPSCMainsZone

Digital Payments Index(DPI)

● Released by: Reserve Bank of India(RBI)

● Purpose: To capture the extent of digitisation of payments across the country.

● Parameters: The index comprises five broad parameters with varying weights to measure the penetration of digital payments:
Payment enablers (25%),
Payment infrastructure—demand-side factors (10%), Payment infrastructure—supply-side factors (15%),
Payment performance (45%)
Consumer centricity (5%).

● When will it be published? The index shall be published on RBI’s website on a semi-annual basis from March 2021 onwards with a lag of 4 months.

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