Comparison of Mobile Money Transfer vs Postal Money Order

The Internal Remittances Market in India is to the tune of USD 40 Bn with money flowing from Urban to Rural Parts of India. The Following Chart Shows the Comparison of Mobile money Transfer vs Indian Postal Money Order on Parameters such as, Min requirement, Limits on Transaction, Technology, Advantage and Dis-advantage.

Mobile Money Transfer Vs Postal Money Order India

With the Government encouraging Mobile Money to discourage cash circulation, mobile money should become a reality in the next 3 years in India.

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