Business

Payment & Lending Applications More Likely To Get Installed Than Banking Apps: RBI Bulletin

By PTI

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Payment & Lending Applications More Likely To Get Installed Than Banking Apps: RBI Bulletin

Understanding user experience is crucial for advancing FinTech innovations and shaping customer-centric policies, said the article titled ‘ The Untold Story of FinTech Customers’ Experience’ published in the RBI’s September Bulletin. Among the three sectors under study — payment, lending, and banking, 11 apps with payment or lending as their primary business are more likely to be installed.