The TeleCanor Idea - “Bringing together the three islands”

What we saw in India as an opportunity were what we call the “Three Islands”.

Island 1 – The M Commerce potential - A huge opportunity exists in making the 400 million mobile subscribers in India pay using their mobiles.

Island 2 – The E Commerce Potential - Already India is poised to take huge leap with increasing PC penetration and internet usage. According to the IAMAI E commerce report the market of E Commerce is already 9000 Crores and is growing by more than 30% year on year.

Island 3 – The potential of plastic usage at retail stores - Only 10% of all transactions is done in India using plastic poses a huge challenge of enhancing this market.

TeleCanor is the only Payment Gateway in India which leverages the True Potential of all the tree growing islands (markets).