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UPI
Mobile Wallets in India
Mobile Wallets has grown rapidly in India. As per a BI Mobile Payments report, in-store mobile payments would grow to $503 billion by 2020.  As per another report Mobile Payment Volume would increase tenfold by 2021. Who are The Enablers to Mobile Payment? Growth of e-commerceIncreased Penetration of smartphonesFree and easy access to the Internet...
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Country wise Mobile banking penetration for the period ending Jan2017
Countries across the world especially India have envisioned digitalization across all its sectors including the BFSI sector. Accomplishing this mission would involve a series of transformations especially in the banking sector. However, in the last decade, the BFSI sector has taken long strides towards digitization. Online banking started the chain of banking transformations and was...
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First step to empower “Cashless India” was taken on 08-Nov-2016, three months later Government presented Union Budget 2017 to further boost the power of #CashlessEconomy in India. With #Fintech firms and #Banks gearing up to provide easy and sustainable solutions for #CashlessPayments in India, what were the proposals made in #UnionBudget2017 that could enable common...
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