COOPaisa: Cooperative Digital Currency

MyCash, one of the solutions under the banner of E-Village, has enjoyed great success in Thenhipalam cooperative rural bank under the name of COOPaisa. MyCash is an innovative e-payment payment solution that allows public to pay for their daily needs– whether it is groceries or travel by auto-rickshaws– using just their mobile phones. This solution was extremely successful in Thenhipalam Service Cooperative Bank, where an approximate total of Rs 1,08,000/- was transacted in merely 10 days!