Tag: East Africa

Can Indian mobile network operators make it as Payments Banks? There is clearly a long-term business case for MNOs to open and run Payments Banks.

“Fintech” – an intersection of financial services and technology – is taking the traditional financial world by storm and Indonesia is no exception.

In this paper, we want to look more closely at OTC model, with the help of data from The Helix Institute, InterMedia and the GSMA, which provide an analytical perspective on the pros and cons of the OTC model. This will allow us to propose some recommendations on how to manage OTC going forward.

Reserve Bank of India estimates that 96% of all the retail transactions in India are conducted using cash, leaving only about 4% payments on cash-less/digital channels.

The article focuses on the challenges and opportunities for the survival of Payments Banks in India.

Going by the global experience, a set of open, well-documented Application Programming Interface or APIs provide enormous benefits to providers and clients. They also help improve customer experience.