Research and Markets: Digital Money in India 2014

Australia Today
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DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ptdgjh/country_viewport) has announced the addition of Shift Thought Ltd's new report "Country Viewport: Digital Money in India 2014" to their offering.

After years of anticipation, a fiercely competitive market has now developed, as mobile wallets well and truly launch in India. Mobile operators such as Airtel, Vodafone and Idea now compete with a vast variety of payment providers with even Flipkart expected to shortly enter the fray.

Many factors bode well for India's young population to rapidly adopt digital money services. Highly educated and unafraid to try new things, they most importantly have a real need for payments and financial services.

India has ambitious plans to utilise the spread of low cost mobile services throughout the country, to improve financial inclusion. With a raft of new regulations enabling non-bank entrants, unique identity for its citizens, and USSD services assured for banking services, conditions seem ripe for massive changes in the way people pay.

India hopes to transition towards a non-cash economy, to tackle more fundamental problems of governance. Using the author's knowledge services, learn all about it, at this historic time for digital money services in the country.

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For more information visit http://www.researchandmarkets.com/research/ptdgjh/country_viewport

Source: Shift Thought Ltd

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