However, once the birthrate declines and the size of the working age population begins to decrease, the shape of the demographic pyramid could change drastically within a timeframe of perhaps 20 to 30 years. Let us take Japan's case as an example. In 1970, about 10 workers supported one elderly person.
Some of the achievements of NPCI which have significantly altered the retail payments landscape in the country are as under: •  The National Financial Switch (NFS), a vast network of ATMs, has enhanced accessibility to cash withdrawal and other basic banking facilities for customers, besides facilitating value added services such as bill payments.