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Interoperability drives global digital inclusion. Over 25% more adults access government payments, but siloed systems hinder seamless transactions.
The challenges, opportunities, and priorities in designing effective tax and non-tax revenue payment digitization solutions.
Successful digitization of P2G payments and its widespread adoption by users is achievable - but depends on the alignment of various important factors.
New Harvard University paper looks at the impact of demonetization on the Indian economy. It finds that, in the near-term, the event led to “temporary reductions in employment, output, and credit.” But “there may be potential longer-term benefits” in several areas, including tax collection.