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SmartCard Marketing Systems Inc. (OTC:SMKG) is a Global Investment Outreach Partner with the Government of Maharashtra’s (India) “a Global Fintech Superpower.
SmartCard Marketing Systems Inc. (OTC:SMKG) is a Global Investment Outreach Partner with the Government of Maharashtra’s (India) “a Global Fintech Superpower..
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[{"type":"text","content":"SmartCard Marketing Systems Inc. (OTC:SMKG) is a Global Investment Outreach Partner with the Government of Maharashtra’s (India) “a Global Fintech Superpower. New York November 3rd, 2022 The company SMKG highlights its Cross-border Payments Rails Platform Axepay, Genorocity Marketplace + SuperWallet, Digital Asset Token and Crypto Issuing technology OriginatorX & Granularchain which are becoming vastly recognized with Financial Institutions and Enterprises as a Fast-Track to Market for Issuing, Managing Digital Asset Tokenization and Crypto Issuing. India is amongst the fastest growing Fintech markets in the world. Indian FinTech industry’s market size is $50 Billion in 2021 and is estimated at ~$150 Billion by 2025. The Indian Fintech industry ecosystem sees a wide range of subsegments, including Payments, Lending, Wealth Technology (WealthTech), Personal Finance Management, Insurance Technology (InsurTech), Regulation Technology (RegTech), etcAs of September 2022, India’s Unified Payments Interface (UPI) has seen participation of 358 banks and has recorded ~6.8 Billion transactions worth over $135 Billion. India has 23 Fintechs which have gained ‘Unicorn Status’. 1/5 Startup Unicorns are from FintechIndia recorded the largest absolute number of real-time transactions in the world; India’s real-time transactions crossed 48 Billion, which is 6.5 times of the combined volume of the world’s leading economies: U.S., Canada, U.K., France and Germany in 2021, resulting in cost savings of ~$12.6 Billion for Indian businesses and consumers in 2021The digital investment market is set to be worth $14.3 Billion by 2025, growing from $6.4 Billion in 2021 at a 5-year CAGR of 22.4%.India’s digital payments market is at an inflection point and is expected to more than triple from $3 Trillion today to $10 Trillion by 2026. As a result of this unprecedented growth, digital payments (non-cash) will constitute nearly 65% of all payments by 2026 i.e., 2 out of 3 transactions (by value) will be digital.(Source) https://www.investindia.gov.in/sector/bfsi-fintech-financial-services SmartCard Marketing Systems Inc (OTC:SMKG) has a unique partnership with Mumbai Fintech Hub as a Global Investment Outreach Partners with the Government of Maharashtra’s “FinTech Investments and Deals Program” globally. Mumbai FinTech Hub...