\n
“Telcos<\/a> can play the role in proliferating digital payments more effectively than non-telco players in this space,” said LV Sastry<\/a>, Head - Mobile Banking & Commerce, Aircel<\/a>. “..therefore the need for telcos<\/a> to collaborate with technology companies becomes more and more relevant.”
\n
\nHe added that when there is roll-out of 5G leading to high bandwidth, we'll see mobile payments becoming next game changer for telcos.
\n
\n“With growth that we've seen in last 3-4 years we can say that by 2025, more payments will be processed by non-traditional payment service players than traditional payment and banking,” said Sastry.
\n
\nHowever, currently for telcos, the revenue share from mobile payments is negligible since at this moment, more and more investment is happening in acquisition of customers and transactions.
\n
\n“For telcos, it's more about providing as many services to customers to make them stay with a particular telco than looking at mobile payments as a source of revenue,” stated Sastry. Although going forward, revenue streams will open up for telcos once mass integration of wallet services, merchant adoption happens.
\n
\nAs discussed in the webinar, success of payment solutions will require strong rationale of consumers as consumers don't want to give up current traditional regime. Also, despite recent drive of demonetisation, the merchant adoption has remained the biggest and trickiest challenge to be resolved for payments service providers.
\n
\nWhile telcos have replaced a dozen of wallets, holding on to a customer has been the biggest challenge, said Sastry.
\n
\nFurthermore, rise in fraudulent transactions have led to insecurity among consumers leading to slow adoption of mobile payments.
\n
But going forward, the industry<\/a> will see processing costs or transaction fees coming down similar to the way industry<\/a> has seen drastic reduction in costs of payment gateways, Sastry believes.
\n
On being asked about Google’s latest digital payments app ‘Tez’, Sastry said,”So far there are around 3000 downloads of Google Tez<\/a> and the app has to still evolve to next level since there is no such innovative offering at present.”<\/body>","next_sibling":[{"msid":60750795,"title":"Government to strengthen surveillance, laws to check cybercrimes","entity_type":"ARTICLE","link":"\/news\/government-to-strengthen-surveillance-laws-to-check-cybercrimes\/60750795","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":60751156,"entity_type":"ARTICLE","title":"Transaction value of mobile payments in India to touch Rs 328 trillion by 2020: Aircel data","synopsis":"He added that when there is roll-out of 5G leading to high bandwidth, we'll see mobile payments becoming next game changer for telcos.","titleseo":"telecomnews\/transaction-value-of-mobile-payments-in-india-to-touch-rs-328-trillion-by-2020-aircel-data","status":"ACTIVE","authors":[{"author_name":"Tina Gurnaney","author_link":"\/author\/479244810\/tina-gurnaney","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479244810.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":479244810,"author_name":"Tina Gurnaney","author_seo_name":"tina-gurnaney","designation":"Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2017-09-19 17:31:39","lastupd":"2017-09-19 17:55:55","breadcrumbTags":["Aircel","Google Tez","Industry","LV Sastry","Telcos"],"secinfo":{"seolocation":"telecomnews\/transaction-value-of-mobile-payments-in-india-to-touch-rs-328-trillion-by-2020-aircel-data"}}" data-authors="[" tina gurnaney"]" data-category-name="" data-category_id="" data-date="2017-09-19" data-index="article_1">
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成交价格,移动支付在印度接触Rs 328万亿到2020年:Aircel数据
他补充说,当有推出5 g导致高带宽,我们会看到移动支付成为电信公司下一个改变游戏规则。
新德里:在印度,移动支付的交易价值预计到2020年将达到328万亿卢比,预计将在2017 - 22.5万亿卢比,共享的数据显示Aircel在电信的网络研讨会。
”电信公司发挥的作用更有效地扩散数字支付比non-telco球员在这个空间,“说的吗LV Sastry手机银行与商业、负责人Aircel。“. .因此需要电信公司与科技公司合作变得越来越相关。”
他补充说,当有推出5 g导致高带宽,我们会看到移动支付成为电信公司下一个改变游戏规则。
”增长,我们已经看到在过去3 - 4年,我们能说,到2025年,更多的支付将由非传统加工比传统支付和银行支付服务玩家,“Sastry说。
然而,目前对于电信公司,从移动支付的收入份额微不足道,因为此时此刻,越来越多的投资发生在收购客户和交易。
“电信公司,它更多的是为客户提供尽可能多的服务让他们留在比看一个特定电信移动支付的收入来源,“Sastry。虽然未来收入流将开放电信公司一旦大规模集成的钱包服务,商家采用发生。
作为讨论的网络研讨会,消费者付款成功的解决方案将需要强有力的理由作为消费者不想放弃目前的传统政权。demonetisation也,尽管最近开车,商人一直采用最大的和棘手的挑战需要解决支付服务提供商。
而电信公司已经取代了一打钱包、坚持客户是最大的挑战,Sastry说。
此外,欺诈性交易上升导致消费者不安全感导致缓慢采用移动支付。
但展望未来,行业将加工成本或交易费用下降相似吗行业大幅削减成本的支付网关,Sastry认为。
被问及谷歌最新的数字支付应用特斯,Sastry说,“到目前为止,大约有3000的下载谷歌特斯和应用程序仍然进化到下一个层次,因为目前没有这样的创新提供。”
”电信公司发挥的作用更有效地扩散数字支付比non-telco球员在这个空间,“说的吗LV Sastry手机银行与商业、负责人Aircel。“. .因此需要电信公司与科技公司合作变得越来越相关。”
他补充说,当有推出5 g导致高带宽,我们会看到移动支付成为电信公司下一个改变游戏规则。
”增长,我们已经看到在过去3 - 4年,我们能说,到2025年,更多的支付将由非传统加工比传统支付和银行支付服务玩家,“Sastry说。
然而,目前对于电信公司,从移动支付的收入份额微不足道,因为此时此刻,越来越多的投资发生在收购客户和交易。
“电信公司,它更多的是为客户提供尽可能多的服务让他们留在比看一个特定电信移动支付的收入来源,“Sastry。虽然未来收入流将开放电信公司一旦大规模集成的钱包服务,商家采用发生。
作为讨论的网络研讨会,消费者付款成功的解决方案将需要强有力的理由作为消费者不想放弃目前的传统政权。demonetisation也,尽管最近开车,商人一直采用最大的和棘手的挑战需要解决支付服务提供商。
而电信公司已经取代了一打钱包、坚持客户是最大的挑战,Sastry说。
此外,欺诈性交易上升导致消费者不安全感导致缓慢采用移动支付。
但展望未来,行业将加工成本或交易费用下降相似吗行业大幅削减成本的支付网关,Sastry认为。
被问及谷歌最新的数字支付应用特斯,Sastry说,“到目前为止,大约有3000的下载谷歌特斯和应用程序仍然进化到下一个层次,因为目前没有这样的创新提供。”
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