Understanding the movement of cash in privately-led enterprises in Dharavi and scope for electronic and mobile payments

Understanding the movement of cash in privately-led enterprises in Dharavi and scope for electronic and mobile payments
2014-Deepti KC, Mudita Tiwari
Lead Center : IFMRLEAD
Focus Area :Financial Inclusion, Financial Literacy

Project Description
Despite business owners having access to banking services and financial products, there exists a high frequency and large volume of unrecorded transactions in cash in privately-led small-scale enterprises in Dharavi, Asia’s largest slum. The report highlights what motivates business owners to opt for cash transaction as well as the scope of mobile banking and electronic payments in Dharavi


Related Projects : Understanding the movement of cash of the privately led enterprises in Dharavi and scope for electronic or mobile payments

Project Description
Despite business owners having access to banking services and financial products, there exists a high frequency and large volume of unrecorded transactions in cash in privately-led small-scale enterprises in Dharavi, Asia’s largest slum. The report highlights what motivates business owners to opt for cash transaction as well as the scope of mobile banking and electronic payments in Dharavi