With the aggressive push towards UPI and Rupay by the Indian Government, global giants Visa and Mastercard are losing their dominance as Digital Payments Ecosystem in India proliferates.
As mobile payments and blockchain tech challenge the status quo of cross-border money transfers, Western Union must digitally transform itself at the right pace… or risk going the way of the telegraph.
Mastercard survived through many financial technology disruptions because of the strengths in its core business model, but will it finally be tested by cryptocurrencies?
In the face of a cash crisis, Econet, Zimbabwe's largest telco, introduced a mobile digital payment solution that saw the company become a market leader in the provision of financial services.
Paytm has revolutionized the way money is transacted in India. Go digital is the new Mantra.