Comments on: India Digital Summit 2008: M – Commerce in India. Money Transfer Through Mobile is the Way to Go! http://www.watblog.com/2008/01/14/india-digital-summit-2008-m-commerce-in-india-money-transfer-through-mobile-is-the-way-to-go/ The Refreshing Blog on Web, Advertising and Technology in India! Wed, 08 Feb 2012 06:34:44 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Amitabh Kumar http://www.watblog.com/2008/01/14/india-digital-summit-2008-m-commerce-in-india-money-transfer-through-mobile-is-the-way-to-go/comment-page-1/#comment-11771 Amitabh Kumar Mon, 06 Oct 2008 04:57:10 +0000 http://www.watblog.com/2008/01/14/india-digital-summit-2008-m-commerce-in-india-money-transfer-through-mobile-is-the-way-to-go/#comment-11771 If mobile commerce is to a reality in India, the banks in India will need to jack up the telebanking services and the integrity of their data base system considerably. As mobile banking leaves little proof in the hands of customers ( please note - in the hands of customers) the banks will need to build trust. I have recently had three experiences with a leading bank in India, which leads me to believe that the integrity of the data systems is seriously impaired. They have no clue wo is making what entries. Moreover in all cases phone banking is unable to resolve anything at all. In my case, it took three visits to the brach to get the mistake rectified. The large number of Phising mails, look alike websites and duplicate IMEI numbers on phones can leave the users with no comfort. Nor is any comfort available with the regulatory authorities. If mobile commerce is to a reality in India, the banks in India will need to jack up the telebanking services and the integrity of their data base system considerably. As mobile banking leaves little proof in the hands of customers ( please note – in the hands of customers)
the banks will need to build trust.
I have recently had three experiences with a leading bank in India, which leads me to believe that the integrity of the data systems is seriously impaired. They have no clue wo is making what entries. Moreover in all cases phone banking is unable to resolve anything at all. In my case, it took three visits to the brach to get the mistake rectified.
The large number of Phising mails, look alike websites and duplicate IMEI numbers on phones can leave the users with no comfort. Nor is any comfort available with the regulatory authorities.

]]> By: Ranjit http://www.watblog.com/2008/01/14/india-digital-summit-2008-m-commerce-in-india-money-transfer-through-mobile-is-the-way-to-go/comment-page-1/#comment-3932 Ranjit Wed, 12 Mar 2008 06:20:15 +0000 http://www.watblog.com/2008/01/14/india-digital-summit-2008-m-commerce-in-india-money-transfer-through-mobile-is-the-way-to-go/#comment-3932 Hi, As per a recent article in ET last week,Airtel has strted international money xfer operations for its mobile customers in a tie up wit Western Union..Lets c how Vodafone & RCOM respond to the same.. Cheers, Ranjit Hi,

As per a recent article in ET last week,Airtel has strted international money xfer operations for its mobile customers in a tie up wit Western Union..Lets c how Vodafone & RCOM respond to the same..

Cheers,
Ranjit

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