Open Money is chargeable per year (or Month), handled by a fintech based in BLR and it offers only limited options to link a few banks. Hopefully, this new product - approved by RBI/IBA might have onboarding facility for all banks. I prefer to have my data handled by established banks/RBI/IBA than by some unknown fintech startup. I never trust such fly-by-night operators.Something like Open Money ?
Read the article.What's extraordinary in this?
Oh go it. But nothing extraordinary to customer. It's for small businesses which is good.Read the article.
And, wait for the launch.