Recently, PayPal were in the news for withdrawing their electronic withdrawal service for Indian users due to problems with the regulating body. Though it was restored quickly, digital payments in India still struggle with problems and has a huge scope to improve and grow. This is precisely the reason for the Internet and Mobile Association of India (IAMAI) organizing the 3rd Financial Inclusion & Digital Payment Conference. The aim is to ensure that financial services are available to all at a reasonable price, and to make it a completely transparent process.
Topics to be discussed:
Some of the topics that will be covered in the conference include:
- Financial Inclusion driving Digital Payments growth
- Future business model to drive digital payments growth and financial inclusion
- Innovation and Economy in service delivery channels
- Cash to Cashless Society: Is prepaid the way forward?
- What function does the mobile phone play in the lives if poor people in rural and urban areas, and how can mobile money services further improve their lives?
All panels will be comprised of speakers with a lot of experience in the industry which ensures insight into the problems currently faced, and the bright future that digital payments holds in India. This distinguished list also includes Shri G Padmanabhan, Chief General Manager – Department of Payment Settlement and Systems, Reserve Bank of India amongst a host of other big names.
Digital payment solutions will most definitely be popular once there is awareness between the consumers, and if there is a clear understanding between the regulators and the institutions. Such conferences will hopefully help in both the situations, more importantly the latter because unless the regulators and the institutions have a clear cut understanding, it doesn’t make much sense to spread the word to the customers.
We will be tweeting live from the event! You can follow us here.
