June 19, 2014
Money is an integral part of our everyday life as it enables commerce. Despite of all the advancements in IT and digitization, majority of transactions globally happen in cash. Cash is not only inefficient as a financial instrument, but is also costly to store and difficult to carry safely. Firms interested in payments industry globally have reinforced the need to create solutions to improve the penetration of digital money.
According to us, a way to come up with such unique solutions is to organize Hackathons: Unique platforms for the coding fraternity to explore experiment and to come up and create meaningful solutions!