Payments industry of today has transformed into Payment-Intelligence and this intelligence came after a handshake with artificial intelligence and its bundle technologies. It would not be wrong if we compare it with either payment war, payment jungle or even just payment storm. The disruption in mobile payments domain brought in by well-known technology campus boys i.e. Apple, Android, Microsoft & Samsung can’t be ignored. Though all of them have no prior experience or knowledge in the banking industry. Yet these guys manage to force us to adopt digital money and discard the papers.
Economic Growth – Any country with a solid, stable and raising economy always has a very strong payment system. The impact of electronic payments i.e. money in the form of bits and byte rather than tangible items like paper or coins on economic growth is much higher and […]
Mobile Money Services essentially was for unbanked & under privileged customers.
Mobile Money suppose to improves life for the Lower segment of society by
Domestic Remittance from cities to villages
Availability of Agents to withdraw cash
Building Savings Culture
Acceptability of Mobile Money under Mobile Financial Services was the biggest break through
Role of Mobile Money Agent is crucial and very critical for success…
Payments are becoming more and more intelligent then payee. The amount of payment services providers we have added to the payment market in last year and how many will add in the next 2 years are actually more than combined numbers of the last 100 years. Payment transformation is 10x faster of today compared to the last 5 decades. This article explores the different payment options and opportunities.
As more and more consumer devices connect to networks and to other people, new opportunities and challenges will arise. Can we call this a mobile Revolution? To understand the contribution of emerging technologies tightly packed with artificial intelligence, machine learning, data analytics etc is not easy for the normal consumer.