You are browsing the archives of mchek.

With the RBI guidelines coming to the fore the mobile payments market has an official go ahead from the authorities. So we thought it was a great time to speak to some of the mobile payment players and know what they feel are the challenges and opportunities of this market.
We spoke to Sanjay Swamy CEO, [...]

WATBlog attended the Mobile VAS Roundtable on crystal ball gazing for the VAS Industry organised by IAMAI and Businessworld and came back with some interesting insights from the panel which had the following panelists.

Krishna Durbha, Head-VAS Business & Marketing Applications Solutions & Content Group, Reliance Communications
Manoj Dawane, CEO, Mauj Mobile
Abhijit Saxena, CEO, Netcore Solutions
Sanjay Swamy, [...]

Obopay a mobile payment services company  which entered India earlier this year has tied up with Tagit a provider of mobile interactive platform inorder to create a common mobile banking infrastructure for banks, telecom companies and other financial institutions in India. Under this alliance Tagit will integrate its MoBEIX Transaction Platform with Obopay’s P2P payment [...]

According to the latest guidlines drafted by RBI banks may soon have to issue separate M-Pins for customers who wish to use their mobiles for making payments. With mobile payment players like paymate, mchek, ngpay and others lining up to offer mobile payments solution its only natural that the banks collaborate and make another convenience [...]

On the whole it does seem that there is potential and paymate seems to be doing all the right things for an early mover in a nascent market i.e. raising enough money, doing multiple tie ups and in general leading the industry. But funding along with its pro’s has its cons as well. A funded startup could become an alienated startup..

Obopay is a mobile payment transfer solutions provider based out of the US which is slated to launch its services in India in February. Obopay plans to take the debit card route to mobile payments rather than the credit card route which the current players like mcheck and ngpay are taking in the Indian market.
 
Inorder [...]