MoneyOnMobile (MOMT) Digital Mobile Payment Network Services World’s Largest Under-Banked Population
India has world’s second-largest population at 1.35 billion India is largest under-banked population in the world MoneyOnMobile services under-banked with digital mobile payment network 39 percent monthly compounded revenue growth in Q1 With an average growth rate of around seven percent over the last two decades, India’s economy is the sixth-largest in the world measured by GDP and the third-largest by purchasing power. In spite of its economic prowess, the Indian consumer market is the largest under-banked population in the world. Banking services are scarce and woefully inadequate, forcing cash transactions and chocking consumer purchasing power. A prime example of…
