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How India's Digital Public Infrastructure (DPI) Is Changing Payments

How India's Digital Public Infrastructure (DPI) Is Changing Payments

India's tech stack is building innovative payment solutions at home and abroad

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Matt Jones
Nov 15, 2023
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How India's Digital Public Infrastructure (DPI) Is Changing Payments
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In the 2020s, infrastructure is key. From high-speed broadband to high-speed trains to renewable energy infrastructure. Every country is developing their infrastructure at pace. 

Sometimes, national infrastructure is built solely with in-country expertise. Other times, external entities such as foreign governments or international institutions may offer financial or material support.

China's Belt and Road initiative is a famous example of infrastructure development with outside help. So far, over 150 countries have signed up to Belt and Road initiatives. Some estimates put the combined value of all Belt and Road projects at over $1 trillion. 

Source: The Economist

With Belt and Road, China has built alliances, particularly in developing economies. And Chinese companies have been able to gain a foothold in new markets. There are criticisms of Belt and Road, yet recipient economies have been able to build bigger and faster than they would have otherwise.

In April 2023, the Vientiane-Kunming …

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