India is in an exciting phase with digitisation taking the central seat in driving the fundamentals. The last decade has certainly triggered the momentum of the digitisation process with the e-commerce industry setting its foot and the digital payment system becoming the key derivative. However, the digital landscape of India is still in a nascent stage and undergoing a lot of transformation propelled by policy framework and technology penetration. Digital payment system is the poster boy of the banking industry that is changing its dynamics.