Digital Payments Index(DPI)

● Released by: Reserve Bank of India(RBI)  

● Purpose: To capture the extent of digitisation of payments across the country. 

● Parameters: The index comprises five broad parameters with varying weights to measure the penetration of digital payments: Payment enablers (25%), Payment infrastructure—demand-side factors (10%). , Payment infrastructure—supply-side factors (15%), Payment performance (45%) and Consumer centricity (5%). 

● When will it be published? The index shall be published on RBI’s website on a semi-annual basis from March 2021 onwards with a lag of 4 months.