digital payments, financial literacy, Fintech & Payments, FinTech for Inclusion, payments, Payments Bank

Cash (ATM) Or Digital. Should we wait for people to accept digital or make it happen?

Cash(ATM) or Digital? The dilemma is, whether we should have more number of #ATMs and #CashInCirculation (CIC) to serve the rural and non-digital customers or to have lesser of these to promote #Digital. If you promote ATM and Cash many new timers won't realise that Debit card can be used for purchase as well, and… Continue reading Cash (ATM) Or Digital. Should we wait for people to accept digital or make it happen?

AePS, Bharat QR Code, business correspondent, digital payments, Financial Inclusion, FinTech, Fintech & Payments, Google Tez Vs Whats App, NPCI, payments, PoS, Product Management, Tap & Pay, Unified Payment Interface (UPI), UPI, VISA

Enough of Digital Payment Tools in India. Now we need following..

We already have enough #Payment acceptance tools In #India, like UPI, BharatQR, NCMC, Aadhaar Pay, RuPay, NETC, NACH etc. We dont need anymore for retail/B2B, else it will confuse a customer. We now need to focus on the following; 1. Customer Awareness & Access 2. On ground availability of infrastructure like BCs, Debit Card issuance… Continue reading Enough of Digital Payment Tools in India. Now we need following..

FinTech, PSD 2

Future of FinTech (Payments) in India. It’s Interesting and will grow..

How is digital payments in India shaping up as? Digital payments in India has become crowded with lots of me-too products and companies. Thanks to IndiaStack and other payment platforms which offers a plug and play model through API so now everybody aspires to become PayTms and PhonePes of the industry. Payment is the lowest hanging fruit for the companies to… Continue reading Future of FinTech (Payments) in India. It’s Interesting and will grow..

Fintech & Payments, Tap & Pay

Delhi Transport Corporation & Tap and Pay Solution

Can Delhi Transport Corporation (DTC) Busses offer the TAP & PAY option to its customers, similar to Delhi metro. The user informs the amount/destination to conductor (current process) conductor enters that in the machine, and TAP the user's card on the machine to complete the payment. The machine prints the receipt and transaction is completed.… Continue reading Delhi Transport Corporation & Tap and Pay Solution