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Home Business Cash is now waiting to change the lives of crores: Tanveer Ahmed

Cash is now waiting to change the lives of crores: Tanveer Ahmed

by endroar
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Tanveer Ahmed: five When we started years ago, the country's biggest challenge was to bring more people under financial inclusion. Only 33 percent of people were financially included then. 52 percent of the economy ran on paper money. There were 60 banks then, MFS was like 17—nobody was working on it seriously. At that time only mobile recharge could be done with MFS besides exchanging money locally. We started cash operations with the aim of providing complete financial services. Back then it took up to seven days to open an account. We are the first to initiate instant account opening through e-KYC (Online Customer Data Linkage), which delivers cash easily to the customer. Now all banks and MFS are using e-KYC. We are the originator of this service.

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