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National Payment Corporation of India (NPCI) launched Rupay – India’s own payment gateway network. ‘RuPay’ is a low-cost alternative to other payment gateways, such as MasterCard and VISA. Banks pay lower transaction processing fees as transactions are performed on the domestic payment network. This makes RuPay a viable digital payment solution for the rural, low, and middle-income segments in India.
Designing and Delivering Agriculture Financing Products
This resource book can act as a useful guide to MFIs engaged in providing financial services to the poor, particularly agricultural finance; community based organisations engaged in aggregation of farm produce and other practitioners in the area of agricultural financing. The intended benefits of the resource book are to help the audience in understanding clients’ perspective, understand […]
This note takes an alternative view from the conventional wisdom of expected utility and optimum deductible in insurance. It highlights explanations for insurance purchase and use decisions through behavioural economics.