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WE ARE STILL SCRAPING THE SURFACE OF FINTECH
DataQuest
|December 2023
Discover how BharatPe prioritizes compliance and innovation in India's FinTech landscape. Learn about their rigorous approach to regulatory standards, ensuring data privacy, and continual evolution to meet emerging compliance needs. Excerpts from an interview with Pankaj Goel, Chief Technology Officer, BharatPe.
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How do you envision the future of finTech in India, and what role do you see BharatPe playing in this landscape?
Over the last few years, FinTech has evolved to become an intrinsic part of our lives. Today, it is normal for millions to step out of their homes to shop without a wallet as their smartphones double up for all their payment-related requirements. In my view, we are still scraping the surface. The future of FinTech in India is destined for significant growth, driven by the rapid adoption of digital technologies, increased penetration of smartphones and internet, and increasing financial awareness amongst the population.
BharatPe plays a crucial role in this landscape by providing millions of offline businesses and merchants with simple, easy-to-use, and secure digital payment and other fintech products. We envision a future where BharatPe continues to be a catalyst for financial inclusion, making it easier for underserved and unbanked communities to access and benefit from digital financial services. Our innovative technologies will play a pivotal role in simplifying and expanding financial services, thereby contributing to the broader economic development of India.
BharatPe’s commitment to serving offline businesses and merchants aligns with the vision of a more digitally integrated, financially inclusive India. We are dedicated to creating a seamless and user-centric fintech ecosystem that empowers businesses of all sizes. Through our technological advancements and customer-centric approach, we aspire to lead the way in transforming the financial services landscape in India, ultimately making it more inclusive, efficient, and accessible to all.
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