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ARTICLE · 07 APRIL 2025

The Digital Payments Ecosystem Of India: Planning Security Today For A Resilient Tomorrow

Ernst & Young
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Exploring the security and payments resilience opportunities and challenges in India, enabling the ecosystem to strengthen payments product and process security.

IndiaTechnology
Aniket Bhosle
Aniket Bhosle
Kartik Shinde
Kartik Shinde
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Exploring the security and payments resilience opportunities and challenges in India, enabling the ecosystem to strengthen payments product and process security.

In brief

  • As digital payments adoption continues to rise exponentially in India, the sophistication of attacks and adoption of emerging technology is increasing.
  • Recent attacks on the supply chain highlight the need for resilient payments systems.
  • An integrated approach to security and payments resilience across the digital payments ecosystem is imperative.

India has been at the forefront of digital payments adoption, and the last decade has seen product innovation, technology transformation, and the emergence of new participants in the country's payments ecosystem. The next wave of digital payments adoption will rely on the resilience of the payments ecosystem and the customer's trust in new digital payments products. Identifying and addressing cyber risks in payments systems and processes

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