• The India Post Payments Bank (IPPB) along with Department of Posts (DoP) launched a digital payment application called ‘DakPay’ to provide Digital Financial inclusion at the last mile across India..
• The app ‘DakPay’ will facilitate the customers of the DoP and IPPB in easy digital transactions and other banking and postal services.
• The app was launched by Union Minister for Communications, Electronics & Information Technology and Law & Justice  Ravi Shankar Prasad.

Some key features provided by the app are:

• Sending money to others (Domestic Money Transfers – DMT),
• Scan QR code and make payment for services/merchants digitally (Virtual debit card & with UPI),
• Enabling cashless ecosystem through biometrics,
• Providing interoperable banking services to the customers of ANY BANK (AePS) and Utility Bill Payment services.