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Month: December 2015

Digital Money - Adapting to a Cashless Payments Ecosystem

Digital Money – Adapting to a Cashless Payments Ecosystem

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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.

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Mobile Money – Introduction to Basics Part-1

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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…

Rumble in the Jungle

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Rumble in the Jungle – Well the reference of this boxing match is taken here to depict the current scenario of the payment industry. Payments are becoming more and more intelligent then payee. The amount of payment services providers we have added to the payment market in last […]