Here are a few of TSI India's clients in the Bill Payment space....
* State Bank Of India (GE) - has a client customer base of 95 million.
* Tata Power Delhi - has a client customer base of 1.55 million.
* Reliance Bombay State Electricity - has a client customer base of 2.5 million.
Those three clients alone boast a customer base of close to 100 million customers that TSI India are serving.
TSI India have only dedicated just over 10% to the Bill Payment business.
Last week the UPI System launching was a BIG piece of the puzzle I wanted to see materialise on a macro level. The Bharat Bill Payment System (BBPS) is the other big piece of the puzzle which I feel TSI India have tremendous potential to tap into, particularly being one of the early first movers in this space (10 years of business experience in this space).
Keep an eye of this initiative.
Tony
TSN Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held