Analysis of News relating to the Digital Money Ecosystem

In India, it is the beginning of the end for ATMs - Economic Times

16/08/2017 Link to source

The Hindu In India, it is the beginning of the end for ATMs Mobile banking transactions surged to 390 million in 2015-16 from 53 million in 2012-13, data from the regulator shows. The advent of wallets such as Paytm, which can be used to pay from bubble gums to television sets, has made the younger generation ... ATM withdrawals rise, so do PoS transactions The Hindu As India Decisively Shifts Towards Digital, ATMs May Become A Relic Of The Past Swarajya Are ATMs being driven to extinction? Demonetisation, digitisation have the answer International Business Times, India Edition all 4 news articles »

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.
	paytm 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.
	ATM/ACM services ATM/ACM services (ATM) is the category we use to refer to functionality offered by initiatives that allows consumers to withdraw or deposit cash at self-service centres.
	Mobile banking Mobile Banking refers to the category of services that offer consumers or businesses the ability to utilise a mobile device to conduct a range of banking services.
	paytm 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.
	Paytm 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.
	Paytm 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.
	paytm 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.
	Mobile Banking Mobile Banking refers to the ability to use a mobile device to conduct a range of banking services.
	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.
	Paytm 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.
	Paytm 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.
	Mobile money in India A concise look at mobile financial services in India.

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