Bengaluru/New Delhi: The withdrawal of high-value notes from circulation has had a mixed impact on the country’s online businesses. Sales at e-commerce companies, which are heavily dependent on cash payments, have suffered badly while digital payment start-ups have seen a sharp rise in daily tran…
Tag: Mobile Wallets
Currency Switch Impact | Who gains, who loses
It has been a little under two weeks since Prime Minister Narendra Modi declared that Rs 500 and Rs 1,000 notes will no longer be legal tender. Although it is still early days, the impact of the move to squeeze 86% of India’s currency in circulation is beginning to take effect. While the sudden m…
India bills payment transaction volume expected to reach INR 9.4 trillion by 2020 | Ken Research
Ken Research announced its latest publication on “India Bills Payment Market Outlook to 2020-Rising Internet Penetration and Advent of Mobile Wallet to Shape Future Growth” which provides a comprehensive analysis of the bills payment market in India. The report covers various aspects such as mark…
India Bills Payment market is expected to reach INR 9.4 trillion by 2020 | Ken Research
Future Growth of India Bills Payment Market is expected to be led by rising internet and Smartphone penetration, followed by emergence of mobile wallet and surging trend of online bills payment in India. The mobile bills payment, market leader Airtel is expected to maintain its dominant position …