1. India is second in the world in terms of proximity mobile payment users Regarding growth rate, India is expected to have the highest growth rate in the world when it comes to proximity mobile payment users 2. At 33% smartphone penetration rate, proximity mobile payment in India has a lot of room to grow…
1. With more than 460M+ users, internet penetration in India is relatively low and the growth potential is huge 2. More than 90% of internet users in India accessing the internet via mobile devices 3. Given that 70%+ of Indian population is under 40 years old, we expect the same ratio with India internet population…