Hybrid Mobile Financial Services & Commerce Vinod Sharma's Blog

This post was originally published on 26-November-2014 on Linkedin (click here). The evolution of financial payment systems has been a long but interesting journey characterised by sudden changes in underlying technology. Financial payments and banking started in a very inefficient and traditional way which was slow. Though it was still acceptable to the customers due to the stage in the information age. Initially, almost all the fun and joy in terms one double zero percent in shape of activities in the financial services (Except Non-Banking Services) space was attributable to banks with all the revenue being collected by the same entities.