DigFin VOX Ep. 51: Exploring Payments in Asia with Monica Jasuja

Time Stamp: March 9, 2023 5:37 AM
Source Node: 2001693

In the latest episode of DigFin VOX, host Tom Steinberg interviews Monica Jasuja, the co-founder and CEO of PayMate, a payments platform in India. The two discuss the current state of payments in Asia and the challenges that come with it.

Jasuja explains that payments in Asia are still largely cash-based, but that digital payments are on the rise. She notes that there are many different payment methods in use across the region, from mobile wallets to bank transfers. She also discusses the challenges of operating in a highly regulated environment, such as India, and how her company is working to ensure compliance with all regulations.

Jasuja also talks about the importance of customer experience when it comes to payments, noting that it is essential to make the process as easy and intuitive as possible. She explains that PayMate has developed a range of features to make payments simpler and more secure, such as biometric authentication and fraud detection.

Finally, Jasuja shares her thoughts on the future of payments in Asia, noting that she believes the region is on the cusp of a major shift towards digital payments. She also talks about the potential for blockchain technology to revolutionize the payments industry, and how PayMate is exploring ways to leverage this technology.

Overall, this episode of DigFin VOX provides an insightful look into the payments industry in Asia and the challenges that come with it. Monica Jasuja’s insights into the current state of payments, as well as her thoughts on the future of the industry, are invaluable for anyone interested in this topic.

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