Driving Global Innovation in Mobile Payments: Lessons from M-Pesa, Venmo, and UPI
Mobile payment systems have revolutionized finance, fostering accessibility, community connection, and economic growth. M-Pesa, a lifeline for millions, stands out as a global inspiration, influencing platforms like Venmo, Zelle, and UPI. Dileep Pandiya shares his experience and learnings from these payment systems,
Payments in Quantum world
Global payment systems rely on encryption powered by mathematical formulas that classical computers cannot solve, keeping stored and transmitted data secure. But the rise of quantum computing threatens to unravel this security, with the potential to compromise payment systems entirely. Sunil Landge delves into the looming quantum challenge and how financial institutions can safeguard themselves for a secure future.
RBI Guidelines on Regulation of Payment Aggregators and Payment Gateways
With the Indian online payments market anticipated to reach $1 trillion by 2023 ,it is no surprise that the RBI has opted to act and chosen full and direct regulatory supervision of payment intermediaries – Payment Aggregators and Payment Gateways. A quick look at the RBI guidelines
Payments Transformation in India : The Last Decade
From the snail days of Outstation, Local and high-value cheque clearing, Payment systems in India have under gone a metamorphosis. We now have world’s best multi-tiered system with 24 x 7, anywhere access. We look at some of the numbers in the decade gone by (2010-2020)
Building a Payments Bank – Challenges and Opportunities
The verdict on viability of Payment Banks varies, depending on whom you speak to. While the critics would easily fault the regulatory framework, even the strongest advocates would concede that Payments Bank isn’t a cakewalk. Amit Balooni evaluates the challenges and opportunities