Mobile Banking in IndiaSiddhesh Joglekar
The Reserve Bank of India has reported that the number of mobile banking transactions in India has increased by 6.39%to 47,20,871 during the of November 2012, up from 44,37,205 reported during October 2012. The total amount transacted for the month increased by 8.3% to Rs 5389547.56YoPharma Founders On Selling Pharma Products Online, Issues, Building User Trust
from Rs 49,76,472.69.
The average amount per transaction for November 2012 stood at Rs 1,141.64, up from Rs 1,121.53 in October 2012. However, we believe that this transaction information shared by the RBI with us includes both payment and non payment related transactions.