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The report provides a comprehensive analysis of payment services , m-wallet, payment gateway, mPOS, POS Terminals and Payment Security market in India. The report covers the overall competitive landscape; government role and regulations, growth drivers, trends and developments. The report concludes with market projection for future for every single market described above highlighting the major opportunities and cautions for overall India payment services market.
India payment services market which has traditionally been dominated by cash witnessed advancement towards digital transactions both in terms of value and volume during demonetization phase in India. The total number of ATMs (including onsite and offsite) was witnessed to increase from ~ as of 31st March 2013 to ~ as of 31st March 2018, thus displaying a five year CAGR of ~% during the review period.
India is a developing country with the second largest population behind China and until recently its payment framework has straggled far behind the rest of the developed world whereas, it is transferable fast with the effective payment tasks over the last recent years and will continue for so long with the more development over the decades.
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Many people prefer digital payments rather than using cash all the time. In this article, Indian Money Dot com review will review the various digital payments in India.
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Digital payments are those payments which are done through digital modes. Through digital payments, you can send and receive money easily. It is also known as electronic payment. In India, digital payments had increased rapidly after demonetization.
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Many people are unaware about the advantages of online money transfer. It is the most secured way to transfer your funds within minutes. It’s necessary to know the complete procedure and the measures you should take for an easy and successful online money transfer.
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People are mostly using online payment app called “Paytm”. By this app you have no need of cash. Now, Paytm is most popular online payment app in India. Visit Here:- https://flipshope.com/blog/how-to-transfer-money-from-paytm-wallet-to-bank-account/
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The report covers market size, segmentation on the basis of remittance flow corridors, remittance channel, land-based and sea-based workers, mode of remittance, major occupation group and distribution of OFWs by cash remittance sent for international remittance market... For more information on the market research report please refer to the below link: https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/philippines-money-transfer-bill-payments-market/152427-93.html
Migrant Remittances: Size and Channels of Money Transfer among Oriya Workers in Surat City By Gagan Bihari Sahu & Biswaroop Das Centre for Social Studies, Surat ...
To read the complete report at: http://www.marketreportsonindia.com/service-industry-market-research-reports-12797/asia-pacific-mobile-money-industry-china-india-bolster-growth.html The provides an in-depth analysis of the Mobile Money Industry and covers specific insights on the market size in terms of global mobile money market value, region and product wise segmentation, value chain analysis, business models, recent trends and developments and future outlook of the mobile money Industry at the global and regional level.
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The Digital India revolution is ready to create a strong effect on businesses by providing millions of opportunities. India is on the verge of becoming an important part of the world economy and trying hard to achieve worldwide leadership.
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