DT One’s Post

🇮🇳 Empowering Indian Diasporas with Direct Support 🌍 We're thrilled to announce 100% coverage of postpaid electricity billers, complementing our comprehensive DTH TV recharge solutions for India. Our expanding suite of cross-border utility payment offerings empowers millions of Indian diasporas worldwide to provide direct and effortless support to their loved ones back home. For businesses operating #superapps, #digitalbanks, #ewallets, and money transfer platforms, #retail chains or #kiosks, offering cross-border utility payments unlocks incredible opportunities: ✨ Foster deeper customer loyalty by enabling direct support use cases ✨ Tap into the massive $125B India remittance market ✨ Generate recurring revenue from high-frequency utility bill payments Read more about the vast market opportunity: https://lnkd.in/g3jDnyS2 Ready to capture a greater share of the remittance market while delighting users? Let's discuss how DT One's seamless solutions can propel your platform to new heights. #DTOne #Micropayments #Remittance #RevenueGrowth #DigitalValueServices #ConnectedGlobally #Innovation #BillPayments

India's payments landscape reaches an incredible milestone as United Payments Interface (UPI) transactions consistently surpass 10 billion (NPCI). In this journey of remarkable payment innovations revolutionizing countless lives through secure, swift, and effortless transactions. Explore how Hitachi through Hitachi Payment Services offers resilient payment solutions including the Mobile-based Merchant Platform, Customized Soundbox, and an innovative UPI Stack. These advancements are not only integrating millions of merchants into the digital realm but also empowering citizens by enhancing their daily lives.   Read the Article: https://lnkd.in/gz3HQD79     #HitachiIndia #Payments #DigitalPayments #Soundbox #FinancialInclusion #Hitachi

It's been a frustrating 48 hours dealing with ACT Fibernet's subpar service. Despite multiple complaints and unanswered calls, the issue persists. My wife being a remote worker in Bengaluru's IT hub, we prepaid for six months of fiber network, expecting top-notch service from a reputed company. However, the reality has been disappointing. Even the service provided by BSNL in remote islands like Andaman and Nicobar surpasses ACT Fibernet's performance. In this era of AI, it's baffling to encounter such poor customer service and unreliable connectivity. It's evident that a change is necessary, and it wouldn't be surprising if competitors like Airtel or Jio surpass ACT Fibernet soon. ACT FIBERNET

Have you ever noticed this? 🤔😱 Why there are 28 days in Mobile Recharge plans? 🔵 How this Telecom companies make thousand crores profits with 28 days recharge? 🔵 Mobile recharges always have 28-56-84 days plan. But actually it should be 30-60-90 days plan right? 🔵 Telecom companies intentionally deducts 2-3 days from each month. 🔵 So, that with these 2-3 days each month they can make us recharge of extra 13th month at the year end. 🔵 For example :- In India #jio has 41.7 CR active users and their 28 days recharge cost is 299 INR. 299 * 41.7 = 12468.3 CRORE'S 🔵 That means 13th extra month makes JIO approximately a whopping of 12468 CR profitable. 🔵 Hold on TRAI (Telecom Regulatory Authority of India) has understand this game of Telecomm Comapnies. 🔵 On, 27th January 2022 they imposed a mandatory rule for all Telecom companies to include atleast one complete 30 days recharge in their plans. Follow Mandar Kulkarni for more🔥 [Mobile Recharge, Telecom companies, Money, 28 days, Phone Recharge] #mobile #recharge #scams #money #mobilerecharge #telecommunications #Companies #jio #contentmarketing #contentcreation #contentstrategy #contentwriter #contentmarketingstrategy #contentcreators

India's Digital Payment Revolution Remember the days of carrying wads of cash? Thanks to #UPI, #digitalpayments have become the new normal in #India. This #innovative platform lets you send and receive #money instantly using your #smartphone, making everyday #transactions a breeze. UPI's success is a prime example of how e-governance initiatives can #empower #millions. Developed by National Payments Corporation Of India (NPCI) with government support for #digital #infrastructure, #UPI has transformed the way #Indians pay. From small #businesses to street vendors, everyone is embracing the convenience and #security of #cashless #transactions. #digitalpayment #digitaltransformation #digitalindia #government #lpu #lpufamily #lpuuniversity #innovation #technology #management #digitalmarketing #management #linkedinpremium #thoughts #business #businessgrowth

This is the first in my series on the #Indian #payments industry. This deals with the pre-2015 era when #cash was king, as illustrated by the #telecom scratch card. Telecom scratch cards were introduced in #India in the 1990s as a way to provide prepaid mobile service to customers for cash #transactions. The scratch cards had a code, which could then be entered into the phone to add #credit to the account. However, these cards did not offer any value-added service or benefit to the customer, apart from the basic functionality of making and receiving calls. The product itself, i.e., the airtime or data, was directly transferred from the tower to the phone without any involvement of the card. The card was merely a medium to collect cash from the customer and transfer it to the telecom entity. Therefore, telecom scratch cards in India pre-2015 were essentially a cash-for-airtime transaction with no relation to the product or service quality. They were the only, highly inefficient way to cater to the cash-based economy and the low-income segment of the market.

I am really happy to share the project on the Unified Payment Interface on which I have been working lately under Professor Veerendra Anchan. The Unified Payment Interface (UPI) in India has significantly transformed the country's payment landscape, facilitating a transition towards a cashless society and leveraging smartphones as virtual debit cards. To provide insights into the future, the project employs ARIMA analysis on UPI volume time-series data. This analysis attempts to forecast the volume of UPI payments for the next 12 months. The data, obtained from the National Payments Corporation of India, spans from 2018 August to 2022 June, omitting self-transaction data from 2016 August to 2018 August. The model forecasts a substantial surge in UPI usage for digital transactions and continued growth in the forthcoming year. The findings of this research contribute to a deeper understanding of the evolving landscape of digital payments in India and its implications for consumer behavior, market dynamics, and government policies. #upi #fintech #digitalbanking #npci #digitaltransactions

🚀 Unveiling the Hidden Complexity of Digital Payments in India 🤯 Remember those frustrating moments when GPay's payments seemed to take an eternity to process after entering your mPIN? 🤔 Ever wondered why your refunds are delayed, or your payments get stuck in limbo? 📉 The culprit behind these hassles? The intricate payment architecture in India! 🏛️ 𝐀 𝐬𝐢𝐧𝐠𝐥𝐞 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐠𝐨𝐞𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 3-4 𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐟 𝐦𝐞𝐫𝐜𝐡𝐚𝐧𝐭𝐬, 𝐞𝐚𝐜𝐡 𝐨𝐟 𝐰𝐡𝐨𝐦 𝐡𝐚𝐯𝐞 𝐚 𝐬𝐭𝐫𝐢𝐧𝐠𝐞𝐧𝐭 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 & 𝐬𝐞𝐭𝐭𝐥𝐞𝐦𝐞𝐧𝐭 𝐭𝐢𝐦𝐞𝐥𝐢𝐧𝐞.  🔄 Refunds that Test Your Patience: Your refunds don't whisk back to you as quickly as you'd like because they have to navigate through this convoluted network. 🕰️ It's like sending a letter with multiple stops before reaching its destination. 🌟 Time for Simplification: It's high time we reevaluate and simplify the digital payment architecture in India. 🌟 Imagine faster payments, quicker refunds, and a smoother experience for all! 🚀 💬 Share your thoughts! How can we simplify this system and make digital payments in India seamless? 💭 Let's spark a conversation and work towards a brighter, more efficient future for digital payments in India! 💪🇮🇳 #DigitalPayments #SimplifyPayments #IndiaFinance #TechSolutions #fintech Like, share, and let's make this movement go viral! 🌐💥

"Demystifying India's Digital Payment Landscape! 💸 Did you know India has 6 major transaction systems, each serving unique needs? From instant mobile transfers to large-value settlements, understanding these systems is crucial for businesses and individuals alike. 🔹 NEFT: The reliable workhorse 🔹 RTGS: For those big-ticket transfers 🔹 UPI: Your smartphone's financial superpower 🔹 IMPS: Speed meets versatility 🔹 ECS: Bulk payments made easy 🔹 AePS: Banking at your fingertips (literally!) Which system do you use most often? Share your experience in the comments! #DigitalIndia #FinTech #PaymentSystems #BusinessInnovation #MBA #IIMV

If you want to stay up-to-date with us, follow our Page. - Cisco says driving 5G network architecture transformation - DishTV jumps on the built-in OTT services bandwagon alongside Jio, Airtel - DoT to finalise terms of reference for satellite spectrum in few weeks - Govt application in SC `doesn`t seek` to change spectrum auction order - JioCinema may Disrupt SVOD Market with Low Pricing Plan - Loan for Vodafone Idea: Banks to check liabilities repayment schedule first - No Plans to Disrupt Telecom Sector’s Level-Playing Field Due to Satcom - Vodafone Idea slumps 9% ahead of telecom company listing new shares - Credit card spends rise 27% to Rs 18.26 trillion in FY24: RBI data - PayU receives RBI`s in-principle approval for payment aggregator role - PhonePe shifts focus to food, grocery; exits fashion, electronics on ONDC - Tejas Networks Q4 results : profit at 146.78Cr, Revenue increased by 343.3% YoY - JioCinema launches Rs 29 plan for ad-free viewing - Spectrum matter in SC will not affect satellite services plan - CloudExtel secures Rs 200-crore external debt funding - PhonePe’s Indus Appstore launches voice search feature in 10 Indian languages - Samsung Way Ahead of Its Rivals in Local Value Addition - Spectrum sharing, leasing should be allowed for better efficiency: Trai - WhatsApp`s new dialler feature could allow voice calls to unsaved contacts: Report