Mobile is a good payment instrument in place of credit cards cheques etc. However mobile payments are not secure. Mobile holder may not be the actual owner of the mobile.

However, as per understanding of Financial Inclusion, a person needs to be included into financial system be enabling him to have a bank account. Therefore the need is increase the bank penetration in a secure way to reach masses in rural and far flung areas. BC led Financial Inclusion model with mobile and Repay card or similar instruments is long lasting solution.

We talked of financial inclusion using Facebook. We forget that poor people with connectivity issues in far flung and rural areas do not have Facebook accounts.