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<Jan 3, 20> Bexley Advisors Quoted in inc42 on FinTech Industry's Expectations from Budget2020



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As there has not been much light shed on the revenue model part, Utkarsh Sinha, MD-Bexley Advisors toldInc42, “Clarification on the Zero-MDR regime would be a big help. It is a significant hindrance to expanding the digital payment infrastructure; we need to let market forces determine the prices for laying down infrastructure. With a zero MDR prescription, there is no incentive to go far and wide when the returns are forced to zero, unless there is a significant government subsidy to offset that cost.”


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Article here: https://inc42.com/features/budget-2020-what-indias-fintech-industry-wants-nirmala-sitharaman-to-address/


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