Found 4 Articles for Mobile Wallets

The sudden ban of Rs 500 and Rs 1000 was a great step by the Indian government to fight for black money, but its effects were clearly seen on common man’s life. Imagine you have Rs.500 in your wallet, and you come to know that you cannot use it anymore.The ATM machines and banks were closed, what to do? You need money for everything, if not cash then card atleast. In this situation all you can think of is, an online wallet. Yes, that’s right away where you can have some cash stored in online wallet, just like in any ... Read More

Since the dawn of the digital era in the world, so much of our attention has moved from face to face conversation to online. The rise of mobile wallet technology in India began somewhere around 2006 and has now started to take off rapidly.Mobile wallets have seen a boost since November 2nd week when Rs 500 and Rs 1, 000 notes were demonetized. The govt has initiated temporary measures to encourage the use of mobile wallets by fixing the limits of Mobile Wallets from Rs 10, 000 to Rs 20, 000 and allowed merchants to transfer Rs 50, 000 per ... Read More

With cash crunch going on in today’s Indian economy, mobile wallets can come to your rescue in this critical time. In fact, instead of using credit or debit card transactions, India has preferred mobile payments as an alternative solution for transacting online. Nandan Nilekani, one of India’s most famous technology guru, while supporting demonetization of Rs. 1, 000 and Rs. 500 currency notes, said digital transactions will increase in the next three to six months to a rate that would otherwise have taken three to six years. In this context, it is the need of the hour to know about ... Read More

Bitcoin wallets come on different platforms with different features. There is not “one size fits all” concept.Bitcoin wallet can be set up electronically either on your mobile or desktop. It is an application or a program which allows you to send or receive Bitcoin cash, and keep track of your transactions and history. The software program stores the private and public keys and interacts with various block chains to enable the users to send and receive digital currency and also monitor their balance. If you want to store and use the crypto currency you need a Digital Wallet.They are downloaded ... Read More