Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

WhatsApp's Integration of UPI-Based Payments Has Strategic Consequences for India's Digital Economy - The Wire

09/08/2017 Link to source

WhatsApp's Integration of UPI-Based Payments Has Strategic Consequences for India's Digital Economy WhatsApp has two options before it: in the manner of a PayTM, WhatsApp could fashion itself a digital wallet and link it to UPI addresses. But given this would necessitate an RBI license and would be a rather minimal use of the UPI interface, WhatsApp ... and more »

Context

http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/india.gifIndia
The Republic of India is a country in South Asia. It is the seventh-largest country by area and the second-most populous country.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/rbi.pngReserve Bank of India (RBI)
Reserve Bank of India is the Central Bank responsible for the monetary stability in India.
LINK UK's cash machine network#/sage/Payment_LINK#
LINK is the UK's cash machine network. Virtually every cash machine in the UK is connected to LINK,which provides the only route through which debit card and ATM card issuers can offer nationwide access to cash.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/paytm.pngpaytm Mobile Solutions Private Limited (paytm)
Paytm was incubated by One97 Communications Ltd to offer a simple, fast and enjoyable experience for online recharges and payments.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/framework/wallet.pngDigital Wallets
The Digital Wallet domain has been described by Shift Thought™ as a means of understanding the whole range of stored value products including the provision of e-money, mobile wallets and e-wallets.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/paytm.pngpaytm Mobile Solutions Private Limited (paytm)
Paytm was incubated by One97 Communications Ltd to offer a simple, fast and enjoyable experience for online recharges and payments.
LINK
LINK is the UK's cash machine network. Virtually every cash machine in the UK is connected to LINK,which provides the only route through which debit card and ATM card issuers can offer nationwide access to cash.
WhatsApp
WhatsApp Inc. is an early stage technology startup founded in the heart of Silicon Valley. What does the name mean you ask? Well, WhatsApp is a "pun" on What's Up. WhatsApp Messenger is a cross-platform mobile messaging app which allows you to exchan
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/paytm.pngPaytm Cash Wallet
One97's digital payments company Paytm launched its semi closed mobile wallet Paytm Cash Wallet in January 2014 as part of its vision to build a digital goods marketplace.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/paytm.pngPaytm Payments
Paytm is India's largest digital goods marketplace run by One97. Paytm Payments claim to integrate seamlessly into merchant's existing systems. It provides the flexibility to customize based on needs.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/paytmapp.pngpaytm App
The paytm service leverages the newly established IMPS for making instant payments. They offer mobile recharge, DTH payments, bill payments, toll card recharges, landline, bus tickets and more through convenient online methods.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/npciUnited Payments Interface (UPI)
The Unified Payment Interface (UPI) is an improved version of IMPS that allows payments to be initiated by the payer or payee using a mobile phone.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/stdefault.pngDigital Wallet
The Digital Wallet topic discusses the use of an account and stored value or e-money across multiple channels and services. This includes prepaid cards, vouchers and mobile wallets.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/stdefault.pngEconomy 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.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/stdefault.pngPayments
The Payments Topic includes knowledge related to a variety of services such as mobile payments, online payments, bill payments and more.
WhatsApp
WhatsApp Inc. is an early stage technology startup founded in the heart of Silicon Valley. What does the name mean you ask? Well, WhatsApp is a "pun" on What's Up. WhatsApp Messenger is a cross-platform mobile messaging app which allows you to exchan
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/brochureicons/viewport_india_2014.pngDigital 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.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/paytm.pngPaytm One97 Payment Services
Paytm is India's largest digital goods marketplace run by One97. Paytm Payments claim to integrate seamlessly into merchant's existing systems. It provides the flexibility to customize based on needs.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/paytmapi.pngPaytm Payments
Paytm is India's largest digital goods marketplace run by One97. Paytm Payments claim to integrate seamlessly into merchant's existing systems. It provides the flexibility to customize based on needs.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/npciUnited Payments Interface (UPI)
The Unified Payment Interface (UPI) is an improved version of IMPS that allows payments to be initiated by the payer or payee using a mobile phone.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/brochureicons/wp_mmindia.pngMobile money in India
A concise look at mobile financial services in India.

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