Follow your heart  These six principles when viewed in the context of this conference can be interpreted to pose some fundamental issues. First, can the prepaid industry today proclaim that they have done all what could have been done?
I am of the view that although the regulator has authorized the non banks to enter the payments sphere and the non-banks have largely chosen PPI, the results are not very heartening and encouraging. Available data indicates that the growth of the issuance of PPIs in India has and continues to be sluggish.