The first two decades of the 21st century saw new and disrupting phenomena in the payments ecosystem. Before that, the payments world was going through a monotonous journey, dominated by card-based payments with an occasional flutter here and there. A number of waves like Digitization, Open Banking, Real Time Payments, Cryptocurrencies, ISO 20022, etc. have disrupted the space since then. These two decades also saw the rise of the Fintech as the new player in the ecosystem.