Mobile Phones Key to Financial Inclusion in the Future!
RBI's decision is a step in the right direction
, although a modest one in the eyes of the fast-paced mobile money industry. RBI's eventual incremental approach is a first step towards democratizing mobile financial services, which in a country with 650 million mobile subscribers has the potential to unlock the financial system to a vast number of individuals who need it.
Mobile Phones Key to Financial Inclusion in the Future!