........“India is probably the most exciting market for mobile money in the world,” said Michael Joseph, the man credited with the success of M-Pesa in Kenya. Now in London, he heads mobile money programs globally for Vodafone. “When India takes off,” he said, “it will eclipse anything we’ve done in Kenya.” Indian regulators concur. “We have not set a target, but it is going to happen,” said the Reserve Bank’s Deputy Governor, Harun R. Khan, who oversees the nation’s payment systems. “I’m optimistic about its future.”.........
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