This paper examines digital finance usage in the UK, US, India and Nigeria. Using data from the global financial … development indicators, the findings reveal that the UK and US have higher digital finance usage than India and Nigeria. The US … has higher debit card usage than India. The findings also show that higher debit card usage is correlated with higher …

We examine how the development of the digital infrastructure known as the 'India Stack'-including an interoperable … of financial services. While each individual component of the India Stack is important, we argue that its key overarching … synergies across the layers of the Stack. Until recently, a large share of India's population lacked access to formal banking …