MeitY, Google introduce Digital Payment Security Alliance

Google in collaboration with the Ministry of Electronics and Information Technology (MeitY) announced a “Digital Payment Security Alliance” initiative that aims to create community awareness on safe and secure digital practices.

Under this initiative, banks, Fintech companies, and the Central Government will work together to create awareness on digital and mobile payments, reported the Hindustan Times.

“The government has been placing a lot of emphasis on digital payments. But digital payments will not be possible unless people are assured it is secured. So the government is working on all levels to enhance the security architecture,” said Aruna Sundararajan, secretary, MeitY.

“We will work with the government to get every Indian online,” she added.

Google, in collaboration with the MeitY also announced “Digital Unlocked” initiative that aims to train one lakh artisans per year across India and enable them to tap into newer markets through improved visibility of their products on the internet.

The artisans will be trained by National Institute of Electronics and Information technology (NIELIT).

“We…look forward to working with MeitY across these broad range of initiatives and help every Indian to leverage the power of Internet,” said Rajan Anandan, vice president, Southeast Asia and India, Google.

Google also announced the launch of the Android Skill programme that hopes to train two million developers in India with the help of NIELIT.

“We are also undertaking initiatives like enhancing the government’s presence online, especially on mobile platforms to enable citizen engagement and training and capacity building programmes on digital tools,” he added.

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.