The business case for payments banks in India

Thursday 15 Dec 2016 | Case study | Ecosystem payments | English | India | MNOs' operational and strategic issues | Mobile Money | Mobile Money Programme | Operational best practices | Report | Resource | South Asia |

The business case for payments banks in India image

A new model for mobile financial services is emerging in India. Payments banks will soon offer basic banking and payments services, leveraging mobile and other technologies to digitise payments and support widespread access to basic banking services. To become profitable, payments banks will need to scale up accounts, drive digital transactions and leverage adjacent revenue streams such as digital credit, micro-insurance and merchant payments.

 

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