India has a new bank designed specifically for Indians afraid of banks
Tuesday, 11 July 2017 - 16:58:38
Tucked between a grocery store and a mobile phone recharge outlet in Dharavi, one of the world’s largest shantytowns, is a small branch of FINO PayTech. In that congested Mumbai locality, this branch could be mistaken for another inconspicuous retail shop—exactly the kind of low profile India’s newest bank seeks.
FINO PayTech was chosen by UIDAI to demonstrate the tech enabled payment mechanism at the national launch of Aadhaar-based service delivery.