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⍰ ASK How do electronic money institutions collaborate with other stakeholders, such as fintech companies and telecommunications providers, in India?

Working with tech companies helps electronic money services bring in new and cool stuff. It could be better ways to pay online, using blockchain tech, or smart ways to analyze data. These partnerships keep electronic money services getting better all the time.

Connecting with phone companies is a big deal, especially in places where everyone has a mobile. Team-ups with telecom companies make it easy for people to use electronic money through mobile wallets, simple phone services, and text messages. This way, more people can get into electronic money services.

And to reach even more people, electronic money services set up banking spots with the help of tech and telecom partners. These spots make it easier for individual in far off places to get to electronic money, especially where regular banks might not be around.
 

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