Government of India – E-Payment Gateway to be launched in 2012

The Controller General of Accounts is launching a full-fledged electronic delivery of payment services through the Internet in 2012. To enable this, a Government e-Payment Gateway is envisaged as a critical infrastructural component to ensure that such transactions occur without any hitches and in total security over electronic networks. E-Payment Gateway – Govt of India … Continue reading “Government of India – E-Payment Gateway to be launched in 2012”

Nokia launches Mobile Money services for India

Nokia and Union bank have announced the launch of their Mobile Money Services in India. You can now transfer money, pay bills, recharge your balance and shop from your mobile phone without the need for a bank account. Nokia Mobile Money India The services are delivered by Nokia through partnerships with banks including Union Bank … Continue reading “Nokia launches Mobile Money services for India”

Government to Person payment sector in India : An Overview

CGAP has released a note on the G2P Payments Sector in India. The note is authored by Paul Breloff and Sarah Rotman.This note is a summary based on the visit and the meetings held with various stakeholders by the authors during their visit to India. Download it a the link below : Overview of Government … Continue reading “Government to Person payment sector in India : An Overview”

Sub-K – Basix’s new mobile banking service

In the below video Vijay Mahajan, Chairman of Basix, welcomes a new customer to Sub-K a new service started by Basix for it’s clients. Sub-K in hindi means “for everybody” and it enables people to carry out micro transactions. The service enables a customer to get seamless access to micro-savings, remittances and government payments. Sub-K … Continue reading “Sub-K – Basix’s new mobile banking service”

Women & Innovation for Mobile Award : Get funding grant of Rs 44 Lakhs!

The Vodafone Foundation in association with the Digital Empowerment Foundation has announced the Women & Innovation for Mobile (WIN) Award. The ‘Win’ Awards seeks to identify innovative mobile solutions which meet the diverse needs of women under the following categories: Education Healthcare & Family Economic Empowerment & Entrepreneurship The three winning solutions will qualify for a … Continue reading “Women & Innovation for Mobile Award : Get funding grant of Rs 44 Lakhs!”

South Asia Mobile Payments & Banking Summit 2011 – Sri Lanka

About the Summit  Indian Ocean / South Asia Mobile Payments & Banking Summit 2011 will showcase the unique prospects in the emerging economies of Sri Lanka, India, Pakistan, Bangladesh, Nepal, Seychelles, Maldives, Mauritius, Kenya and South Africa arising from the rapid growth & affluence in the Indian Ocean region.  Explore the current hot spots, growth opportunities … Continue reading “South Asia Mobile Payments & Banking Summit 2011 – Sri Lanka”

Syncada processes US$ 2 Billion in payments

Syncada announced today that during the month of August 2011 the global financial supply chain network processed a record number of payments in any one-month period, surpassing $2 billion (USD) throughout its network, with a grand total of $2.016 billion. Syncada Payments Processing more than $2 billion in volume per month is a significant year-over-year … Continue reading “Syncada processes US$ 2 Billion in payments”