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Empowering India's Merchants and Traders with Digital Payments
Introducing Digital Apnao Vyapar Badhao, a campaign to empower India’s merchants and traders with digital payments. Three simple steps – that’s all it takes to get set up and the Confederation of All India Traders will help you get there. If you want to grow your business don’t miss this workshop!
The digital revolution can make Prime Minister Modi’s less cash vision a reality.
Efforts of Government of India (GOI) to drive Prime Minister Modi’s less cash vision are timely and much needed to promote both economic growth and financial inclusion. Smart cities, smart governments, smart economies are in the midst of a digital revolution and the digital revolution is intimately entwined with electronic payments.
Read Excerpts from PRIME MINISTER Modi’s Mann Ki Baat Radio Address →View PRIME MINISTER Modi’s Letter to CAIT →View FINANCE MINISTER Jaitley’s Letter to CAIT →#faydekasauda
An open and free digital payments market is good for India.
The cost of cash is significant. Through payment neutrality and the cooperative efforts among consumers, businesses and the government, Indian society as a whole will gain tremendously by the increased adoption of digital payments.
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With less cash, everyone wins.
Consumers get security and convenience while spending more safely and flexibly
Merchants enjoy larger average sales, decreased costs, and access to a larger customer base
Online and mobile transactions create new revenue streams and extend reach of goods and services
Financial inclusion in the formal economy for more consumers and businesses
Government generates more revenue through tax
5 percent growth in cashless transactions saves India more than Rs. 500 crore annually
CAIT is determined and committed to enhancing acceptance.
The Confederation of All India Traders (CAIT) has organised more than 150 conferences, seminars, round tables and workshops since 2015 in over 30 cities across the country through which it was successful in educating and reaching over 20 lakh traders to adopt digital payments. CAIT continues to make the adoption of digital payments in the pursuit of a better India a top priority.
Organise More Workshops, Seminars, Trainings, and Trader Conferences
Adopt Cities/States to Drive Cashless Policy
Engage With Academics, Economists, and Think Tanks
Traders Around the Country Reached by Creating Trader Leader Champions
Where we're going, and where we want to be.
Making digital payment acceptance a reality for India.
Details of the Roadmap
Chapter 1.
The Case for Card Acceptance
Infrastructure to Support Less-
Cash India
Chapter 2.
Less-Cash Vision, Mission and
Purpose – Advantage of Less
Cash
Chapter 3.
The Non-Corporate Small
Business Sector (NCSBS)
Chapter 4.
The Reserve Bank of India Findings on Digital Payments Infrastructure
Chapter 5.
Finance Ministry and Reserve Bank of India (RBI)
Chapter 6.
Payment Neutrality – An Open and Free Digital Payments Market for the Good of India
Chapter 7.
The Objectives of an Acceptance Strategy
Chapter 8.
Making Broader Acceptance a Reality
Chapter 9.
The Acceptance Mission and Goals
Chapter 10.
Importance of Public Private Partnerships Partnerships Responsibilities
Chapter 11.
CAIT’s Role in Enhancing Acceptance of Digital Payments
