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Tag: Regulations

ISO-12812 Made MFS Easy for FinTech

The discussion for our post focus around Mobile Money, Mobile Payments i.e person to person, person to business etc. New ISO standard 12812, recently appeared in 2017. This standard has 5 parts and part-1 defines the general framework of

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CashLess –OR– LessCash

Journey from cash only transactions to less cash and afterwards if possible moving to cashless or digital money society. This journey looks very simple in textbooks or written on blogs or papers but ground reality can be very different. Along this trip people suffer tremendous setbacks, difficulties, mental […]

Mobile Money 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…