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Strong Payment System Makes Powerful Economic Growth

Strong Payment System Makes Powerful Economic Growth

Economic Growth – Strong payment system always makes powerful economic growth and it’s proven in many European countries. This post will take readers through high-level understanding & importance of the payment system. This post will help to have basic & fare understanding around payment intelligence. This post was originally […]

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Mobile Money – Introduction to Basics Part-1

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

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 […]

Mobile Money – Key Stakeholders

Technology is a friend/ helper not as tester or rocket science; MFS product use and accessibility needs to be simple for people to make them comfortable and pull out maximum benefits especially for unbanked who have not seen the real MFS. Study from google shows that globally, mobile money users transacted a total of USD 7.5 billion through 479.5 million transactions in the month of December 2014. If cash-ins and cash-outs are included, mobile money users performed 717.2 million transactions, total of USD 16.3 billion.