June 17th, 2011 6:35 PM 1 COMMENTS

India To Reach 100 Million Mobile Money Subscribers by 2015

According to Tavess Research mobile money in emerging markets of Middle East, Asia, and Africa, is expected to cross 1 billion users by 2015 with India accounting for over 100 million subscribers. Enabling purchases and transfers using mobile devices as wallet, mobile money has become an imperative service particularly in areas with high mobile penetration and limited banking facilities. In these areas, operators are laying strong emphasis on providing enhanced... Read More

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