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PPI interoperability was expected to be an industry game changer by connecting wallet customers to the payments ecosystem, without opening a bank account, boosting acceptance of wallets by merchants, and enabling wallets to become members of card payment associations. PPIs have been elevated almost to the level of banks and the interoperable wallet payments framework of wallet issuers and accepting merchants, requested by industry, is now feasible.
On Life-Support or Just In A Down-Turn?
Is the mobile wallet business on life-support, or preparing for a new era of prosperity? The benefits of mobile wallet interoperability for customers seem significant - fund transfers to other wallets and bank accounts, as well as direct access to the payments ecosystem without opening a bank account. Is it too early to see the impact of these benefits? Have mobile wallets taken advantage of PPI interoperability yet? UPI payments are exploding but is this a fair comparison? Could interoperable wallet offer a richer payments experience to customers, than would be available through a UPI handle alone? Usage of mobile wallets is also increasing in public transport systems, so have reports of their demise been exaggerated? This session will also explore opportunities for NFC Money Transfer to make QR code payments faster and more secure. 
Session 3: Outlook for Mobile Wallets
This session explores the outlook for mobile wallets post-interoperability. Speakers will discuss what is holding back the growth of the mobile wallet business and how can it be revived:
Digital Payments South Asia includes a focused technology exposition offering a limited number of opportunities for organisations providing payment services and solutions. Exhibitors will be able to demonstrate their payments services and acceptance solutions to financial institutions, payment schemes, e-payments companies and merchants from India, South Asia and Asia Pacific markets.
Click here to view the exhibition floorplan.

 Contact us & book your space! 
Abhijit Sengupta, Director, APSCA India at 
📧 abhijit@apsca.org or 📞 +91 98310 01116 / +91 98731 30155.
Mounisse Chadli, Business Development Manager, APSCA Asia Pacific at 
📧mounisse.chadli@apsca.org or 📞 +86 15618790417.

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