Jobs later created a popular Apple phone. The temple of Krishna also developed from one of the mausoleums on one of the most famous temples of Hinduism. When I climbed into the hall, I found a secret: Paytm two-dimensional code posted on the edge of merit.,Paytm in India's position is equivalent to China's Alipay. This scene is enough to illustrate the mobile payment in India's hot, it not only into the secular life, and even penetrate into people's religious life.
India Barcode Scanning Payment Is Also Very Popular,In mid – April, I saw Paytm founder Sharma, he said, "Paytm has the greatest impact on me so far, and the ant gold clothing has become a strategic partner, the second is India 's waste notes.At 8:00 on November 8, 2016, Indian Prime Minister Moody's speech in the television, unexpectedly announced: 500 rupees and 1000 rupees face value of money from midnight out of circulation. He explains that this is part of the government's crackdown on rampant corruption and counterfeiting currency behavior. However, this is also hidden behind a layer of motivation: Modi has been an active advocate of cashless society.
After 3 months, the end of the coin policy, Paytm users reached 200 million people in India Barcode Scanning Payment, that is, there are six Indians in the use of Paytm. Although Paytm thriving, but India's mobile payment war has just begun. This is related to the development of the Internet in India. Amazon founder Bezos recently said that India's Internet is still the beginning of the day (Day One), mobile payment is also true.
Into 2017, in addition to electricity business, the biggest way to burn money is to pay the field. Much like China's current "shared bicycle" industry.
Last week, paying the purse MobiKwik announced plans to raise $ 100 million from US investment management firm BlackRock (BlackRock) and some local banks in India. At present, MobiKwik users ranked second in India, if the financing is smooth, MobiKwik valuation will reach about 1 billion US dollars.
Earlier, the Indian media has revealed that Softbank investment mobile payment platform FreeCharge and mobile wallet company MobiKwik on the merger matters to discuss. FreeCharge market share ranked third. There is also news that Sun Zhengyi tried to sell FreeCharge to Paytm.
At present, these messages have not yet been confirmed, but the biggest deal is about to be released. Softbank will invest more than $ 1.5 billion from Paytm, an Indian mobile payment company, to receive a 20% stake in Paytm's parent company, One97 Communications, which is the largest single investment for Softbank for Indian technology companies.