5 e-payment platforms accelerating India’s digital economy growth

The digital economy of India can be aptly chronicled into ‘before November 2016 and after.’ The surge in digital payments and wallets which sparked after demonetisation is continuing to run the payments landscape in the country. Surpassing the United States last year, India has become the second-largest market in the world for mobile phones. With the […]

Top 5 trending mobile wallets in India

Mobile wallets are one of the best innovations in the field of technology. Millions of people are making payments from these e-wallets, which are easy to use New Delhi: Gone are the days when people used to carry cash in order to shop. Now mobile wallets (m-wallets), or virtual wallets, have become quite popular. With these […]

How wallet companies prevent fraudulent mobile transactions

Paytm is experimenting with facial recognition technology to secure mobile transactions. MobiKwik has introduced card checks and device ID checks. Oxigen Wallet has launched mobile virtual cards powered by Visa for users without debit or credit cards to transact securely on ecommerce sites. These companies are all in the fastgrowing digital wallet space and are […]

Paytm, Amazon Pay And PhonePe Wallet Will Work as Usual, till February 2020

There is some relief for users who rely on mobile wallet apps to make payments. The Know Your Customer (KYC) compliance deadline for mobile wallets has been extended till the end of February next year, by the Reserve Bank of India (RBI). This means mobile wallet companies including Paytm, Amazon Pay, Airtel Payments Bank and […]

E-wallets scene in APAC

The 2017 Mastercard Digital Payments Study showed that Asia Pacific is the world leader when it comes to digital wallet payments, with about 83% of APAC conversations, pegged against 75% of overall global conversations. Image Source And it’s just the beginning. According to WorldPay’s recent report, credit card payments are expected to drop from 30% to 10% […]

Digital Payment systems Market in India

Indian payments industry is to a great extent commanded with money based exchanges. The financial business in the nation was significantly branch-based till 2014. Afterward, there was an impressive development in the branch-less channels of banking, which has additionally investigated into digital payments in both rustic and urban areas. Indian digital payments industry is required […]

Importance of cashless society

A cashless society is a monetary state where budgetary exchanges are not directed with money or physical cash. In less demanding words, we can state that a cashless society is where no banknotes and coins are utilized for a budgetary or monetary exchange or buy. The exchanges and buy are somewhat done carefully between the […]

Top 10 Digital wallets in India – R pay

What is a Digital Wallet? Digital Wallet is a like a financial balance where one can stack cash and utilize it to pay for different offline and online services. Dissimilar to Bank accounts, these wallets don’t offer any enthusiasm on the cash kept in the wallet however are more for simplicity of computerized exchanges and […]

How wallet companies like Paytm, MobiKwik, Oxigen Wallet are annoying to avoid false mobile transactions?

With headway in innovation, things around us have changed radically. Innovation takes into account man’s solace and accommodation. With the assistance of your smart phone, you can do everything. Be it requesting nourishment or basic supplies, booking a taxi or motion picture tickets, and so on. With the presentation of Mobile Wallet, it has turned […]