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Reserve Bank of India has issued the final enabling framework for setting up a regulatory sandbox. This will allow fintechs to test their applications in a flexible regulatory environment before introducing them in the wider market.
This review provides an overview of the operations and impacts of mobile money in the developing world and discussing what the future of mobile money in developing economies may look like.
This paper traces the history of mobile banking in Pakistan, studies various models of mobile banking and assesses its current state.