Alternate payment methods
Posted on | January 2, 2006 |
Excerpt from an interview with Promod Haque, Managing Partner of Norwest Venture Partners:
As mobile users in India are increasing, wireless data services and products continue to be extremely interesting investment opportunities for our firm. India also has low credit card penetration, and we believe there are opportunities for companies to create alternate online payment methods.
One such payment method is mChq launched by Mumbai-based A Little World.
Category: Interviews
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