What is the RBI Digital Payments Index (DPI)?
• The RBI-DPI was introduced to measure the adoption and deepening of digital payments in India.
• It consists of five broad parameters, each having different weightage:
1) Payment Enablers (25%)
2) Payment Infrastructure - Supply Side (15%)
3) Payment Infrastructure - Demand Side (10%)
4) Payment Performance (45%)
5) Consumer Protection & Security (5%)
Understanding Payment Infrastructure - Demand Side vs. Supply Side
• Payment Infrastructure - Demand Side includes factors that reflect how users (consumers and merchants) adopt digital payment methods.
• Payment Infrastructure - Supply Side focuses on the availability of payment-related infrastructure provided by banks and financial institutions.
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