Libra has caused quite a stir since it was announced, about a month ago. This cryptocurrency led by Facebook (formally by the Libra Association, but it is Facebook’s presence which generates all the attention) is scheduled […]
words in brownian motion
Category: Payments
Digital payments for the disconnected majority
Last week two companies announced the availability of IVR based payments for their wallet offerings. PayTM lets users with a wallet initiate a payment by making a call to a toll free number. So does ToneTag. To most […]
The Age of Offers
An elderly person I know sells honey that he picks from village groups. He buys pre-bottled honey for Rs.260 (just under $4) and the bottle has a retail price of Rs.310 (about $5) which he […]
First impressions of UPI, as an user
Much has been said and written about the impact UPI will have on everything. I am a strong believer and, therefore, when UPI was launched last week and the first apps became available it was but natural […]
2 billion merchants are waiting
There are two billion unbanked adults in the world, according to this CGAP report. I think these are really 2 billion unserved merchants. Want to know why? Read on. To understand this we have to go all the way back […]