We need to strengthen what is called ‘reasonable security practices’. This regulation is there but there is a need to strengthen it, says Sundararajan.
"How do we enable them to go digital? It is in that context that the Aadhaar payment app was mentioned by the PM. Now, we expect to launch the app very shortly."
The global IoT market is expected to cross $200 billion by 2020. The IoT market in India stood at $5.6 billion with 200 million connected devices in 2016.
"The plan is that everything should come under BHIM since it is the next-gen platform and doesn't require one to log into their specific banks," said Panday.
The partnership is expected to enable Jaipur to access Cisco’s global network and help the city benefit from economic and social transformation as the next phase of the Digital India programme begins.
About 400 merchants had signed up for UPI as of last week. NPCI did not have updated data on transactions and merchants.
Under the programme called ‘My Business Websites’, Google will provide free websites and web tools to small businesses to help them bolster their digital presence.
Google CEO Sundar Pichai brushes away fears over global protectionism, calls demonetisation a bold move
“I have always felt the US to be an open and inclusive country. I don’t expect any of that to change,” said Pichai.
Google has been looking to tap into the small and medium business market through its enterprise offerings such as Google for Work, Google Cloud and others.
While Uber is unhappy on surge pricing, Meru wants private cars to follow same rules if they ply as taxis so as to keep livelihood of drivers safe.
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