Electronic money in India

July 9, 2014

Here’s another one from Leo Mirani at Quartz. It seems e-money has failed to take hold in India, not for lack of need, and not for lack of suppliers. The bottleneck is a regulation that prohibits telecom companies from entering the business without bank partners. The irony is that e-money is largely a response to failure by the banking system to provide the services people need.

If you know more about this, please let me know, either by email or in the comments.


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