Bugs aside, a public funded app allows for the peace of mind in using a payments platform that will be supported by large financial institutions. This would help convince many consumers to adopt this new form of payment.
Demonetisation tightens the payment startup race, but the winner could well be the Indian government
It is bonanza time for digital payment providers in India. With demonetisation leading to a severe cash crunch over the past two months, these companies have taken centerstage in Asia's third-largest economy, particularly with the Narendra Modi government pushing for a cashless economy. Since Modi's historic announcement on Nov. 08, Paytm, India's largest digital payments provider has seen its...
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