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5Payment M-Pesa UPI - Coggle Diagram

- - - - No Central intermediary
    - - Facilitate Physical cash / e-Money by visiting to Agents
    - - Autonomous, Competitive
      - Similar to the Inventory management
        
        Buying / Selling e-Money or Physical money to M-Pesa
        
        Maintain optimal level of e-Money and Physical money to serve the maximum number of customers and maximize their own profits.
- - - - 1 Billion cell users
      - Moved to mobile technology rather than Broadband
    - - Moving to Digital payment rather than Plastic card
  - - - a) Aadhar for Bio-metric identification
      - b) NPCI (National Payments Corporation of India) designed UPI (Unified Payment Infrastructure) for retail payments (P2P, P2Busines, online, offline).
        b) NPCI supported by all 10 top banks.
      - Jan dhan yojna
      - Demonetization (2016)
        
        Influenced the digital payment