14th June, 2017
Salon Pompadour, Sofitel, Mumbai.
The retail payments industry has seen the entry of several participants, particularly as technology became cheaper and could be used as an integral element of enabling faster and cheaper payments for transactions. Competition in the retail payments market comes in the form of participation from non-bank entities such as FinTech start-ups, telecom providers, e-commerce providers. However, in India new entrants face several limitations through policy constraints. These constraints have been highlighted in the reports of various committees, including the "Committee on Digital Payments" (Ministry of Finance, 2016) and "Financial Sector Legislative Reforms Commission" (Government of India, 2011). The objective of this roundtable, is to bring together group of policy makers, payment systems participants and academics to discuss policy constraints that hamper competition in the retail payments space, with a view to identify and prioritise solutions to removing or reducing these.
| 09:00 - 09:45 | Registration, Tea and Coffee |
| 09:50 - 10:00 | Payments competition and innovation: setting the context Susan Thomas, FRG, IGIDR |
| 10:00 - 10:30 | Summary of recommendations of committees on payments [presentation] Chetna Batra, FRG, IGIDR |
| 10:30 - 11:00 | Interoperability and open access [presentation] Ashish Aggarwal, NIPFP |
| 11:00 - 11:30 | Consumer Protection and Competition [presentation] Amol Kulkarni, CUTS International |
| 11:30 - 12:00 | RBI's PPI guidelines [presentation] Bhargavi Zaveri, FRG, IGIDR |
| 12:00 13:00 | Panel Discussion: Making payments competitive and spurring innovation Susan Thomas, FRG, IGIDR (Moderator) Dilip Asbe, NPCI Naveen Surya, ITZCASH Vinay Baijal, Ex-RBI Nandan Kumar, CCI Bharat Budholia, Cyril Amarchand Mangaldas Nath Parameshwaran, PayPal |
| 13:00 - 13:15 | Closing remarks Susan Thomas, FRG, IGIDR |
| 13:15 - 14:00 | Lunch
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