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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, [...]

RBI doubles Cap on mobile transactions
So we had blogged recently on the RBI guidelines for mobile payments and also mentioned that it wasn’t the final guidelines but was subject to review. So RBI has gone ahead and doubled the cap its had earlier put on the transactions via mobile. It has increased the daily transaction [...]

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 [...]

Paymate which was recently in the news for raising funding and now it has come in the news again for a new tie up with Sify iWay chains of cybercafe’s across the country to promote its Giftmate mobile vouchers for both online and offline shopping. Paymate has a lot going for it especially the recent [...]

Paymate the mobile payment solutions company has started spreading its wings beyond India. Paymate has tied up with Bank of Ceylon (BOC) a Sri Lankan Bank. With this new tieup BOC banking customers will now be able to make their monthly electricity, water and telephone bill payments via SMS.
 
 
Ajay Adiseshann, MD and Founder, PayMate said [...]

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 [...]

 
Bharti Airtel one of India’s leading telecom operators is planning to roll out mobile payment services for its 50million plus users.
This service will allow users to make payments using their cell phones. As Bharti is also getting in Wal-Mart in India it makes perfect sense for them to provide the mobile payment facility. I wouldn’t [...]