October 13th, 2011
The two day Mobile Money Southern Asia Conference was concluded at Leela Kempinski, Mumbai, on September 28, 2011. Obopay was a gold sponsor at the event and Obopay CEO, Mr. Deepak Chandnani was a panelist at the exclusive event. The event was organized with the intention of giving a platform to major players in the M-Commerce field to come together and share their learning while giving them the opportunity to deliberate on the future of mobile payments in South Asia.
Day one, was focussed more on the setting forth the importance of Mobile Commerce with a special focus on India. Deepak was a speaker on this day with the session on Unleashing the potential of mobile money in India: what does mobile money mean for the Indian market? Deliberation on the current state of mobile money transfer services in South Asia was done with the intent of identifying customer needs to better target the market. Queries about the M-Payment services and its mechanism were also resolved.
Day two had a stronger focus on the business perspective of mobile commerce. Sustainable business models were discussed and partnerships between bank and telecom companies were seen as successful example learning from application in Bangladesh.
There also was a Regulator’s armchair session with Shri Srinivas, General Manager, Reserve Bank of India & Mr. Inayat Hussain, Executive Director, Banking Policy & Regulations Group, State Bank of Pakistan, where the regulators answered queries about the laws and statutes governing mobile commerce in the region.
The exclusive event was attended on both days by invitees from the mobile commerce space. Attendees included representative of mobile network operators, banks and MFIs.
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