[vc_row equal_height="yes" content_placement="middle" type="image" bg_position_horizontal="center" padding_top="65px" padding_bottom="65px" bg_image="25433"][vc_column][vc_row_inner content_placement="middle"][vc_column_inner width="1/6"][vc_single_image image="10108" img_size="full" alignment="center" animation="animate-when-visible" css_animation="el-fade"][/vc_column_inner][vc_column_inner width="5/6"][vc_custom_heading text="Catalyst FINposium 10" font_container="tag:h2|font_size:26px|text_align:left|color:%23ffffff|line_height:32px" google_fonts="font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal" letter_spacing="" css=".vc_custom_1531984120377{margin-bottom: 0px !important;}"][vc_column_text text_color="#ffffff" font_size="18px" letter_spacing="" el_class="lh24"]<strong>Event:</strong> Developing Business Models for Mass Digital Payments in India
<strong>Date:</strong> August 8<sup>th</sup>, 2018
<strong>Location:</strong> Grand Hyatt, Santacruz (East), Mumbai, India

[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row type="color" bg_color="#ffffff" padding_bottom="0"][vc_column][vc_row_inner][vc_column_inner][vc_custom_heading text="DEVELOPING BUSINESS MODELS FOR MASS DIGITAL PAYMENTS IN INDIA" font_container="tag:h2|font_size:26px|text_align:left|color:%23d11e3c|line_height:32px" google_fonts="font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal" letter_spacing="" css=".vc_custom_1531984638208{margin-top: 30px !important;}"][vc_column_text text_color="#383b3b" font_size="18px" letter_spacing="" el_class="lh24"]Catalyst organized a workshop on “Developing Business Models for Mass Digital Payments in India”, in Mumbai on August 8, 2018. The one-day workshop brought key stakeholders from industry — including financial and digital service providers, fintech companies and funders, supply chain players such as FMCG companies, and industry aggregators together to discuss the learnings from our research and operational initiatives, and explore new potential strategies to deepen digital payments acceptance and financial inclusion in the small business segment.

The workshop witnessed the launch of Catalyst and PRICE’s joint research study, <span style="color:#d11e3c;"><strong>“Mapping the Merchant’s Mind”,</strong></span> which provides a deeper context on small business profiles, needs, behaviors, and perceptions. Findings from the study, coupled with a stream of action learning from Catalyst’s ongoing operational activities in its <a href="http://cashlesscatalyst.org/digital-payment-lab/" target="_blank"><span style="color:#d11e3c;"><strong>Digital Payments Lab</strong></span></a> and <a href="http://cashlesscatalyst.org/incubator/" target="_blank"><span style="color:#d11e3c;"><strong>‘Fintech for the Last Mile’ incubator</strong></span></a>, offer new insights that can be used by practitioners to design meaningful value propositions for small businesses.

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner][vc_custom_heading text="BACKGROUND" font_container="tag:h2|font_size:26px|text_align:left|color:%23d11e3c|line_height:32px" google_fonts="font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal" letter_spacing="" css=".vc_custom_1531838727762{margin-top: 30px !important;}"][vc_column_text text_color="#383b3b" font_size="18px" letter_spacing="" el_class="lh24"]
The micro, small, and medium enterprise segment (MSME) in India is an important pillar of the economy, with its significant contributions to employment generation, manufacturing output, and GDP. Even so, the sector is largely comprised of micro and nano informal businesses — with limited access to affordable credit and broader financial services — and payments across the value chain are largely cash-based. While supply side approaches to payment digitization have gained traction in recent years, their ability to catalyze on ground transactions at scale remains elusive. Moreover, there is considerable scope to facilitate adoption and accelerate digital payment growth using targeted strategies and solutions, particularly in large supply chains across B2B segments.

Robust quantitative and qualitative insights on the small business worldview are scarce.  Catalyst’s operational experience suggests that to generate effective strategies that can take root in real markets and day-to-day transactions, it is important to understand the factors that influence the choices and aspirations of small and micro entrepreneurs, besides the infrastructural challenges that they face.

[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row type="color" padding_top="0" padding_bottom="20"][vc_column][vc_custom_heading text="AGENDA" font_container="tag:h2|font_size:26px|text_align:left|color:%23d11e3c|line_height:32px" google_fonts="font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal" letter_spacing="" css=".vc_custom_1531838736134{margin-top: 30px !important;}"][vc_row_inner css=".vc_custom_1531837453515{padding-top: 15px !important;padding-bottom: 15px !important;background-color: #f9f9f9 !important;}"][vc_column_inner width="1/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24"]<strong>10:00-10:30 am

</strong>

[/vc_column_text][/vc_column_inner][vc_column_inner width="5/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24 "]<strong>Inaugural Session</strong>

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner css=".vc_custom_1531875512283{border-bottom-width: 25px !important;padding-top: 15px !important;}"][vc_column_inner width="1/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24"]<strong>10:30-12:00 pm

</strong>

[/vc_column_text][/vc_column_inner][vc_column_inner width="5/6"][vc_column_text text_color="#383b3b" font_size="18px" letter_spacing="" el_class="lh24 "]<strong>Panel Discussion:</strong> Digitizing Merchant Payments in India: Opportunities and Strategies to promote adoption
<ul class="pclist-red">
	<li>Launch of Catalyst/PRICE study ‘Mapping the Merchant’s Mind: An Analysis of Digital Payments Behaviors by micro businesses in Jaipur’ and presentation of insights.</li>
	<li>Drawing on insights from the above compendium of research, this session will explore potential strategies to digitize payments and promote financial inclusion in the small business ecosystem. The discussion will focus on opportunities for ecosystem players to develop innovative solutions and business models, challenges in taking these strategies to the market, and considerations for further action.</li>
</ul>
<u> Presentation:</u>

Badal Malick, Principal Innovation Officer, CATALYST

Dr. Rajesh Shukla, MD & CEO, PRICE

<u> Moderator:</u>

Rama Bijapurkar, Chairperson, PRICE

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_custom_heading text="PANEL" font_container="tag:h2|font_size:26px|text_align:left|color:%23d11e3c|line_height:32px" google_fonts="font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal" letter_spacing="" css=".vc_custom_1531912247308{margin-top: 30px !important;}"][vc_row_inner][vc_column_inner width="1/6"][vc_single_image image="24785" img_size="full" alignment="center" style="vc_box_rounded"][vc_column_text letter_spacing=""]
<p style="text-align:center;"><span style="color:#d11e3c;"><strong>Rama Bijapurkar</strong></span>
Chairperson, PRICE

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<p style="text-align:center;"><span style="color:#d11e3c;"><strong>Puneet Gupta</strong></span>
Co-Founder & CEO, Kaleidofin

[/vc_column_text][/vc_column_inner][vc_column_inner width="1/6"][vc_single_image image="24778" img_size="full" alignment="center" style="vc_box_rounded" el_class="img-rad"][vc_column_text letter_spacing=""]
<p style="text-align:center;"><span style="color:#d11e3c;"><strong>Rajeev Ahuja</strong></span>
Executive Director, RBL Bank

[/vc_column_text][/vc_column_inner][vc_column_inner width="1/6"][vc_single_image image="24779" img_size="full" alignment="center" style="vc_box_rounded" el_class="img-rad"][vc_column_text letter_spacing=""]
<p style="text-align:center;"><span style="color:#d11e3c;"><strong>Anand Bajaj</strong></span>
CEO, Nearby Technologies

[/vc_column_text][/vc_column_inner][vc_column_inner width="1/6"][vc_single_image image="24795" img_size="full" alignment="center" style="vc_box_rounded"][vc_column_text letter_spacing=""]
<p style="text-align:center;"><span style="color:#d11e3c;"><strong>Amit Veer</strong></span>
Vice President, Paytm

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<p style="text-align:center;"><span style="color:#d11e3c;"><strong>Vishal Kanvaty</strong></span>
SVP – Products and Innovation, NPCI

[/vc_column_text][/vc_column_inner][vc_column_inner][vc_empty_space][/vc_column_inner][/vc_row_inner][vc_row_inner css=".vc_custom_1531837466135{padding-top: 15px !important;padding-bottom: 15px !important;background-color: #f9f9f9 !important;}"][vc_column_inner width="1/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24"]<strong>12:00 – 12:15 pm</strong>

[/vc_column_text][/vc_column_inner][vc_column_inner width="5/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24 "]<strong>Tea/Coffee Break</strong>

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner css=".vc_custom_1531837466135{padding-top: 15px !important;padding-bottom: 15px !important;background-color: #f9f9f9 !important;}"][vc_column_inner width="1/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24"]<strong>12:15-1:15 pm</strong>

[/vc_column_text][/vc_column_inner][vc_column_inner width="5/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24 "]<strong>Evidence-based Approaches to Payments Digitization: Emerging Models</strong>

This session will showcase learnings from emerging business models and use cases on payments digitization and financial inclusion.

i)	Presentation – Urban use-cases from CATALYST’s Digital Payments Lab in Jaipur:
<ul  class="pclist-red">
	<li>Digitizing supply chain payments - case of FMCG and Dairy</li>
	<li>Digital Finance Models for an Urban Low-income Cluster</li>
	<li>Remote Payments Use Cases – Mera Paper experience</li>
	<li>Digitizing Customer Service Points and P2G payments - eMitra case from Rajasthan</li>
	<li>Credit as a Hook to Digital Payments</li>
</ul>
ii)	Presentation on rural use cases- Himanshu Bansal, Head, Financial Services Consulting, Intellecap

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner css=".vc_custom_1531839058038{border-bottom-width: 2px !important;padding-top: 15px !important;padding-bottom: 15px !important;border-bottom-color: #f9f9f9 !important;border-bottom-style: solid !important;}"][vc_column_inner width="1/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24"]<strong>1:15- 2:00 pm</strong>

[/vc_column_text][/vc_column_inner][vc_column_inner width="5/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24 "]<strong>Lunch</strong>

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner css=".vc_custom_1531837559372{padding-top: 15px !important;padding-bottom: 15px !important;}"][vc_column_inner width="1/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24"]<strong>2:00 - 3:45 pm</strong>

[/vc_column_text][/vc_column_inner][vc_column_inner width="5/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24 "]<strong>Building Digital Payments Acceptance at Scale: What will it take? (Stakeholder Consultation)

</strong>In this session, delegates will brainstorm on key challenges in operationalizing digital payment business models and use cases discussed in the previous session and identify potential strategies to address these barriers.

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner css=".vc_custom_1531837494284{padding-top: 15px !important;padding-bottom: 15px !important;background-color: #f9f9f9 !important;}"][vc_column_inner width="1/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24"]<strong>3:45-4:00 pm</strong>

[/vc_column_text][/vc_column_inner][vc_column_inner width="5/6"][vc_column_text font_size="18px" letter_spacing="" el_class="lh24 "]<strong>Valedictory and Closing Remarks</strong>

[/vc_column_text][/vc_column_inner][/vc_row_inner][kleo_gap][vc_custom_heading text="FINposium Partner" font_container="tag:h2|font_size:26px|text_align:left|color:%23d11e3c|line_height:32px" google_fonts="font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal" letter_spacing="" css=".vc_custom_1531838746481{margin-top: 30px !important;}"][vc_single_image image="24692" img_size="full"][vc_custom_heading text="People Research on India’s Consumer Economy" font_container="tag:h2|font_size:26px|text_align:left|color:%23d11e3c|line_height:32px" google_fonts="font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal" letter_spacing="" css=".vc_custom_1531838756182{margin-top: 30px !important;}"][vc_column_text text_color="#383b3b" font_size="18px" letter_spacing="" el_class="lh24"] People Research on India's Consumer Economy (PRICE) is an independent, not-for-profit research centre, a ‘think tank’ and ‘facts tank’ engaged in building and disseminating seminal knowledge and insights about India’s macro consumer economy and citizen’s environment, for use in formulating public policy and in shaping business strategies. The core of PRICE’s work focuses on “how India, earns, spends, saves, lives, thinks, accesses public goods and amenities”. Our Mission is to build and disseminate high quality, inter-connected, reliable, and up-to-date data to capture the ground realities of Indian households. By providing insights through relevant and rigorous analysis, we aim at enabling evidence-led policy formulation, regulatory response, and business decisions.

[/vc_column_text][kleo_gap size="20px"][vc_custom_heading text="RESOURCES" font_container="tag:h2|font_size:26px|text_align:left|color:%23d11e3c|line_height:32px" google_fonts="font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal" letter_spacing="" css=".vc_custom_1534772240529{margin-top: 30px !important;}"][vc_column_text text_color="#383b3b" font_size="18px" letter_spacing="" el_class="lh24"]<p class="underline"><a href="http://cashlesscatalyst.org/wp-content/uploads/2018/08/F10-agenda.pdf" target="_blank">Agenda</a></p>
<p>Presentations</p>
<ul class="pclist-red underline">
<li><a href="http://cashlesscatalyst.org/wp-content/uploads/2018/08/digitizing_fixed_store_merchants.pdf" target="_blank">Digitizing fixed store merchants</a></li>
<li><a href="http://cashlesscatalyst.org/wp-content/uploads/2018/08/digitizing_supply_chain_payments.pdf" target="_blank">Digitizing supply chain payments</a></li>
<li><a href="http://cashlesscatalyst.org/wp-content/uploads/2018/08/low_income_BB_final.pdf" target="_blank">Building integrated digital finance models for an urban low-income cluster</a></li>
<li><a href="http://cashlesscatalyst.org/wp-content/uploads/2018/08/remote_payment_use_case.pdf" target="_blank">Digitizing small vendors with remote collections needs</a></li>
<li><a href="http://cashlesscatalyst.org/wp-content/uploads/2018/08/credit_as_a_hook.pdf" target="_blank">Credit as a hook to induce digital payment adoption</a></li>
</ul>
<p>Insights from Catalyst-PRICE study on</p>
<ul class="pclist-red underline">
<li><a href="http://cashlesscatalyst.org/wp-content/uploads/2018/08/MAPPING_THE_MERCHANTS_MIND.pdf" target="_blank">Mapping the Merchant's Mind- An Analysis of Digital Payment Behaviors of Micro Merchants in Jaipur</a></li>
</ul>
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<p style="text-align:center">Panel discussion</p>

[/vc_column_text][vc_video link="https://www.youtube.com/watch?v=mDFIaHS1u1k" align="center"][/vc_column_inner][vc_column_inner width="1/4"][/vc_column_inner][/vc_row_inner][vc_empty_space height="50px"][/vc_column][/vc_row][vc_row el_id="footer_area" text_align="center" type="image" bg_position_horizontal="center" enable_parallax="false" padding_top="50px" padding_bottom="50px" bg_image="7886"][vc_column width="1/4"][/vc_column][vc_column width="1/2" offset="vc_col-lg-offset-0 vc_col-md-offset-0 vc_col-sm-offset-0"][vc_single_image image="7888" img_size="full" alignment="center"][vc_column_text text_color="#ffffff" font_size="14px" letter_spacing="" css=".vc_custom_1531985082933{margin-top: 35px !important;margin-bottom: 5px !important;padding-right: 20px !important;}"]
<p style="text-align: center;">Catalyst is an initiative seeded by an alliance between the Government of India &amp; USAID, to expand digital payments and financial inclusion in India, especially for small merchants and low-income consumers.</p>

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