Digitisation can be considered as substitution of traditional analogue formats to collect, process, store, and transfer data by new technologically advanced methods. Putting it in a pedantic outward appearance, digitisation is the conversion of information into a digital layout.
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Digital Payment Systems
Banks and financial institutions in India are poised to leverage the benefits of technology, and mobile devices, to increase their presence in under-banked sectors in India, without needing brick and mortar structures.