Mobile Calendar: October
Payments in Developing Economies
Nokia Money
- Collaboration between Nokia, YES Bank and Obopay launched in 2010.
- P2P payment platform allows users to transfer money by using mobile phone numbers.
- Users can also pay utility bills and top-up SIM cards.
- 600M+ mobile phone subscribers in India in 2010.
- Mobile payments in India projected to reach $1.28 billion in 2013.
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