In India, disbursement of G2P payment is made primarily via banks (including their CSPs network) and post offices. Quite often, this delivery mechanism is criticised for various reasons such as existence of ghost and duplicate accounts; delay in delivery of payment, lack of incentivizing commercial model for the BCNMs; inaccessibility and unavailability of delivery channels etc.
In the dearth of efficient and successful G2P payment disbursement model in India, global examples suggest that G2P payments can “also” be routed through mobile money account. In this video, we discuss this idea of “using mobile money for disbursement of G2P payments in India”.
The first part of the video highlights the various limitations and issues present in the existing delivery channel. The latter part of the video explores the possibility of using mobile money for G2P payments; along with major advantages and value propositions offered to the entities involved in entire G2P value chain.