The Advisory Committee will be chaired by the Union Minister of Electronics and IT, Ashwini Vaishnaw, while the Minister of State, Ministry of Electronics and IT (MeitY), Rajeev Chandrashekhar will be the Vice-Chairperson.
In the First initiative of the digital payments platform, the Phone Pe and Extreme IX (Internet Exchange) collaborated to provide faster digital payment service to over 370 million PhonePe users by decreasing the latency irrespective of their location or Internet Service Providers (ISPs).