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India’s ICICI Bank Launches ‘Tap n Pay’ NFC Based Contactless Payments
ICICI Bank today announced launch of new innovative NFC (Near Field Communication) based contactless payment system in partnership with Tech Mahindra. Called “Tap n Pay”, it allows users to make over-the-counter payments without using any cash or card. The users have to just tap the NFC enabled tag or mobile phone at the merchant’s point-of-sale device to make payments.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Why Is Apple Inc.’s Mobile Payment System Struggling in the World’s Largest Smartphone Market?
China is a great market for Apple (NASDAQ: AAPL ) . In fiscal Q1 2015, the company reported $16.1 billion in revenue from the greater China region (which includes Hong Kong and Taiwan), up 70% year over year.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Tech Companies Struggle to Get World on Internet
When Sumarni, a 39-year-old woman in a rural village in Indonesia, first cradled a smartphone in her hand about two years ago, her reaction was “bingung,” the word for “confused” in Indonesian. As she looked at the Android phone’s sleek, black surface, she asked herself: “Where are the buttons?”
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- Technology
- Region
- South Asia
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Report: India’s Microfinance Sector Poised to Grow Robustly in Next Five Years
The microfinance sector, which is seen as a vehicle of financial inclusion, has seen a boom over the past year as government has laid more emphasis on financial inclusion. The sector is expected to grow robustly in the next few years as large players consolidate their position in their market.
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- Uncategorized
- Region
- South Asia
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Number of Women Tobacco Users Rising
The number of women consuming tobacco products has doubled over 15 years, according to a report by the Public Health Foundation of India (PHFI).
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- Health Care
- Region
- South Asia
- Tags
- public health
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Press Release: First Ever in India: MoneyOnMobile Enables Mobile Money Order via SMS
MoneyOnMobile (MOM), India's leading mobile payment solutions provider, has announced the introduction of one of its kind instant 'Mobile Money Order' service via SMS. This is the first time inIndia that "mobile money order via SMS" has been offered. MoneyOnMobile had earlier announced the launch of its app-based domestic Mobile Money Order service for customers in January 2015.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Indian Microfinance Company Equitas Finance Plans IPO, Looks to Raise Up to Rs 1,500 Crore
Chennai-based microfinance company Equitas Finance is said to be planning an initial public offering (IPO) that could mean substantial returns for exiting private equity and venture capital funds. The company that's 98% owned by a dozen private equity and venture capital funds is looking at raising around Rs 1,200-1,500 crore by selling a stake of up to 25%, said three people involved with the plan.
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- Investing
- Region
- South Asia
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Here’s Why Facebook’s Internet.org Is Crumbling in India
A group of Internet companies have withdrawn support from Internet.org, the buzzy Facebook-backed service that aims to bring people in developing countries online, following a backlash in India over net neutrality.
- Categories
- Technology
- Region
- South Asia
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