The store value card could be used for both contact and contactless payments for low value payments and could be modelled upon Oyster card in London and the Octopus card in Hong Kong. Tapping the value chain – Banks could identify the needs and requirements of customers, merchants, distributors, industry they are serving and create value proposition.
The central bank in Indonesia increased the policy rate by 150 basis points thus far in 2013 to  BIS central bankers’ speeches  3  7.25 per cent, but in emerging Europe we have seen various interest rate reductions.1 The People’s Bank of China (PBoC) reacted by initially tightening liquidity conditions, only to be relaxed soon thereafter to reverse a substantial increase in money-market rates and to resolve liquidity issues.