A prominent mobile money company appears to be flaunting regulations aimed at providing consumer protections in the burgeoning sector.
- Asia Pacific
While the Indian e-wallet industry’s size stood at an estimated Rs154 crore in 2015-16, it is expected to zoom to Rs30,000 crore by the end of 2021-22. And everyone, from financial technology companies to banks to the government-backed National Payments Corporation of India, is scrambling for a share of that pie.
- South Asia