Increase our commissions —mobile money operators cry

    TO GO WITH Lifestyle-IT-India-business-village FEATURE by Ammu Kannampilly In a picture taken on November 18, 2010 a neigbhourhood shopkeeper writes down transaction details after transferring money for customers using text commands on a mobile phone in New Delhi. India's hunger for new technology is as sharp in its countless small villages as in its shiny office towers or shopping malls -- and businesses are waking up to an area of massive potential growth. Specific designs being aimed at Indian villagers include a mobile phone cash-transfer system, robust low-energy refrigerators and a clever twist on the humble kitchen stove. AFP PHOTO/Manpreet ROMANA (Photo credit should read MANPREET ROMANA/AFP/Getty Images)
    Operators of Mobile Money in the country have appealed to telecommunication companies to increase their commission to make the business viable. According to them, they hardly make enough returns to cover their operational cost. Speaking to Business Day in an interview, a dealer in stationeries and a mobile money operator at Odokor Official Town Mr. […]