Tuesday, 5 December 2017

Interoperability between mobile wallets could change the digital payments landscape

It has been nearly a year since the government implemented demonetisation and the effects of the decision are still being witnessed and analysed. While the move has been hotly debated, it comes as no surprise that it has triggered a massive growth of mobile wallets and its usage in the country.
However, the point of contention with regard to mobile wallet usage was that each individual wallet could only be used in insolation and users could not transfer money between two different mobile wallet operator.

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