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Chat & Pay: India Signals ‘Conversational Payments' in Policy Update
The Reserve Bank of India (RBI) is the latest stakeholder in the financial industry to look at how artificial intelligence (AI) can transform financial services delivery. The apex monetary authority today (Thursday) proposed the launch of an AI-powered ‘conversational payment’ method. AI Meets UPIAccording to RBI, the innovative payment method will run on the Unified Payments Interface (UPI), India’s real-time payment system that facilitates peer-to-peer and person-to-merchant transactions. The...
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Posted: Aug 10 2023, 14:24
Author Name: financemagnates
Views: 022239