Insufficient balance is Business decline where in Acquirer has processed and switch transaction to issuer and acquirer gets its transaction fee, payment processor gets it's switching fee. Does this mean that, these fees will be stopped?
30 Jan 2024 14:07 Read comment
Rome was not build in a day. QR based system supporting A2A can be good alternative for users. Oyster is still named as best cash less instrument for travellers -it evolved and undergone changes in regulation requirements.
23 Nov 2023 14:29 Read comment
Card as Physical plastic itself is getting into NFC form on Smartphone so such feature not sure will remain relevant for more time in market.
05 Oct 2023 10:42 Read comment
Does this 51 million customers across 7 countries are inter-operate?
28 Aug 2023 17:40 Read comment
CEO seems to be knowing lot of things as can be read between the lines from this post.
May have been asked to leave due to it.
16 Aug 2023 16:07 Read comment
GCC is full of payments opportunity
1. Retail Payment - Salary to temporary worker is use cases - demand for physical cash reduction need to reduce. Banks and Fintechs are trying address with employers using cards, wallets and even Salary ATM kind of solutions.
2. Agency banking can be solution to address some of these use cases including as menioned for bus drivers.
3. Mobile based payments seen good traction in countries like Saudi Arabia for SoftPOS.
4. Payment gateway demand seen as E-commerce players are coming up post pandemic.
16 Aug 2023 13:28 Read comment
RBI's initiative to issue Account aggregation license will help building uses cases around Insurance and lending and many more.
There is increase in offline UPI transaction limits from INR 200 to INR 500.
11 Aug 2023 17:04 Read comment
do you think? Correspondent Banking will loose layers in future with more progress on CBDC, real time payments, cross boarder payments??
27 Jun 2023 14:35 Read comment
Surprise to see Company top management exhibit commitment to compliance and regulations as I have seen most of the developed countries companies always share adveristy in terms of compliance and rules of the land.
24 Jun 2023 10:18 Read comment
Microsoft is slowly doing backdoor entry in par to Whatsapp Pay.
03 May 2023 12:01 Read comment
Innovation in Financial Services
Finance 2.0
Banking Architecture
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