ii. Interoperability of the various systems: User
transaction information should be able to flow
seamlessly across different platforms in the short-
est time possible. Mobile payments and cashless
solutions must be easy-to-use. Payment solutions
should reduce operating costs for businesses and
platforms. Enhanced interoperability will reduce
friction in e-commerce transactions, increase
ease-of-use for consumers and reduce costs for
platform operators. This allows users freedom of
choice and fosters a robust market for innovation.
The ability for the various platforms to allow for
interoperability shall be a standard that should be
encouraged.
8.2 DATA:
Data is the raw material from which information and
knowledge can be derived.
The goal is to:
Establish standards for data handling and sharing
Ensure data security
Facilitate universal access to digital services
To achieve this, data needs to be handled under two
key approaches:
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