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Magic Word “PAY” in Digital Payments

Today’s consumer expects a seamless mobile payment experience; failing to meet those expectations can be devastating to a brand, idea, innovation and eventually the payments industry. The world’s best companies; main from out side of payment / financial domain are rushing (yes rushing) for Digital Transformation for money. Getting inspired by the cutting-edge technologies, innovative products and solutions

Transformation of Payments

Transformation of Payments

Digital transformation can detect potentially fraudulent operations and minimize risks. It can also help large organizations such as banks not only to secure their business but also fight crimes. How payment needs reinventing banking? How need of fast payments created Mobile

Digital Money - Adapting to a Cashless Payments Ecosystem

Digital Money – Adapting to a Cashless Payments Ecosystem

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.

Convergence a World Ahead – Telecom Billing

Telecom subscribers are getting smarter (so it’s not only the handset which is getting smarter haan!!!), demanding more and more and, at the same time many new players are entering the marketplace. To compete in this environment, operators have to not only maintain but also grow their part of the new value chain to gain loyal customers and adding new blended services which are ridding on their investment/infrastructure made during all those times.

Can Banks ever win Mobile Payments/Money Game?

Accessibility is a critical success factor for any service. The role of informal institutions in providing financial services to the members of the community, and concludes by highlighting the opportunities these are present for formal financial service providers but in order to ensure accessibility of banking services, a bank has to have a wide branch network of fully branded brick and mortar marble banking halls with all the necessary security systems. The set up costs of these are so high and to recoup the same, the bank has to pass on the cost to the ultimate consumer.