On 7th Aug 2015, 《CFO INSIGHTS 》published an article entitled “Democratization of Business Opportunities in a Digital marketplace” written by Abhishek saxena, managing director of India Taisys.
The article addressed the impact of E-Commerce on vendor, customer, and modes of payment in India.
As E-Commerce booming, online market business also changes significantly the way people make payment.From bill to credit card then mobile banking, the trend now favors virtual currency than real money.Mobile banking solution like Taisys’ marrying mobile wallet featuring “mobile payment for mobile shopping” will be the next revolution following democratization of E-retailer business.
*《CFO INSIGHTS 》 is published by Yes Bank, a leader in Digital Payments space in India and has pioneered various payment solutions
Reading original article (page 43):
https://www.yesbank.in/images/all_pdf/CFO_Magzine_Vol_5.pdf