Indian economy is bleeding….not because it has financial problems, but because its economy is heavily dependent on cash. The electronic mode of payment for majority of transactions is still a distant reality. Government of India spends billions of rupees every year on printing and managing currencies and coins. While western countries have already adopted eMoney.
→ Read More: India towards cashless society….When ? How ?
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I had started my blog sometimes in the month of July, 2010. It was a long and interesting journey. When I had started this journey, I had enthusiasm, excitement and an intense desire to reach to unknown readers from my own space. That was when I → Read More: About Advertisements on This Site → Read More: HSBC MakeMyTrip Travel credit card – A review
The big question for chip cards is….Which one is more secure and at the same time cheaper : Contact or Contact less Card? Like all good questions, the question itself is short, but the answer could be complex…and debatable too when most of the markets are migrating to CHIP based acceptance. → Read More: CHIP Cards – Which is more secure and cheaper : Contact or Contact less?
Mobile Money Transfer(MMT) is the fastest, easiest and most affordable way of sending money from one place to another place. Dealer or Agent Network is the backbone of a successful Mobile Money business. M-Pesa business model of Kenya has only succeeded due to its powerful network of dealers. In other emerging markets also, Mobile money has made its presence due to strong presence of dealer network. → Read More: Importance of Dealer network for Mobile Money Business
Not many years ago, there was a boom in banking industry when Banks had started installing ATM centres in every nook and corner of the country. A large number of ATMs have always presented a threat to Banks for ATM related fraud and stealing of money from ATM. We have many cases in major cities, when thieves have successfully broke into safe vault of cash and stole money. This post presents such challenges to Banks by discussing security of these ATM centres. → Read More: Please note…some ATMs are vulnerable to these thieves…
Did you have any experience in the past that your credit card application was rejected and you were wondering about the reason? While this phenomenon is not common, this mainly happens due to complex nature of automated system of credit score calculation. There are some important parameters based on which applicant’s credit score is calculated. → Read More: How to maximise your Credit rating in financial sector? |
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