This is Information Age and there is a Digital Revolution. Many countries want to be smart and to follow the wagon. They want to have a cashless society as they see that this is the future. In India, as reported by Gulf News, 87 payment apps face an uphill battle to turn the country cashless . The key fin-tech players race against China in squeezing the use of cash. "China has two (2) home-grown technology giants that dominate the market." Lifted from the same news online, India allows small and big players to take a part in the level playing field, with its multi-player or open platform business model. There is the three-year old Unified Payments Interface that serves a single infrastructure linking all the country's banks to process digital payments in the shortest time possible and at affordable charges. It is managed by the National Payment Corporation of India (NPCI ), the overall institution for all retail payment systems in the country, that serves...