Except Public Sector none bothers about development of Bottom of the pyramid people. Unfortunately this Public Sector has minimal innovation / technology / passion for excellence to achieve Financial Inclusion or any other great cause like Digital India. Here's the most acceptable and Top Class Solution from IIM Alumni - Common Wallet by PSBs. Detailed blue print here:
Please provide your comments / Suggestions / Critique for improvement of this proposal which is under consideration of IBA for onward submission to PMO (forwarded through Union Bank of India).