In this seminar, we are privileged again to have the opportunity to learn from the experience of Norway, a country which is acclaimed world wide as a success story in translating its natural resource endowments into social and economic benefits for its people in a sustainable manner.
It has to be appreciated that in India, unlike in Kenya and Philippines, there are a number of MSPs and a huge base of mobile subscribers. To have an efficient mobile based payment and remittance system would require inter-MSP payment services. This inter-operability is an important criterion for any payment product to be successful and acceptable.