A Look At India's PayMate's SMS-based Mobile Payments
Priyanka Joshi writes from New Delhi for the Business Standard about PayMate's new mobile payment service. Joshi quotes PayMate's founder and managing director Ajay Adieseshann who says he "wants 100 million mobile subscribers, but is aware that critical mass must first be acquired. We are willing to wait - and remain committed to our goal of being the Visa/Electron of the mobile payment world."
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