......The National Payments Corporation of India (NPCI), the organisation set up by the RBI for all retail payments, has now launched the inter-bank mobile payment service for all merchants. This will allow customers to pay their bills for as little as 25 paise for each transaction. NPCI says, mobile phones will be the next walking talking bank. AP Hota, MD and CEO of National Payments Corporation of India said, "Real time money transfer is almost like RTGS for common man. It operates 24*7 and is operational on holidays."......
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