Analysis of News relating to the Digital Money Ecosystem

US payments firm ACI wants a piece of action in India - Economic Times

16/03/2017 Link to source

US payments firm ACI wants a piece of action in India With Aadhaar as the base, instant payments systems and advanced digital wallets India is in a sweet spot to facilitate a shift from cash to digital currency which in turn could boost the country's economy, he said. ACI which processes around $14 ...

Context

	India The Republic of India is a country in South Asia. It is the seventh-largest country by area and the second-most populous country.
	Digital Money The Digital Money domain has been described by Shift Thought™ as a way to understand the ecosystem, products, services and infrastructure involved in the digitisation and transfer of value.
	NPCI Aadhaar Enabled Payment System (AEPS) National Payments Corp. of India (NPCI) launch a first-of-its-kind, 24-hour payment system that will allow bank customers to remit money to any account in India for free using their mobile phones. RBI (Reserve Bank of India) has permitted only a pil
	Foreign Exchange This describes Currency and Foreign Exchange related topics
	Economy and Economic Outlook As market development and business development activities involve a good understanding of the market conditions in each country, this topic on Economy pulls together knowledge related to Economic Outlook.
	Payments The Payments Topic includes knowledge related to a variety of services such as mobile payments, online payments, bill payments and more.
	Digital Money in India 2014 India, the second-most populous country in the world has ambitious plans for financial inclusion, putting in place infrastructure to spread low cost mobile financial services throughout the country.
	Mobile money in India A concise look at mobile financial services in India.

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