For most of the transactions, we use physical currency. However, that goes out the window once most of your currency is demonetised. But, thanks to some really good e-wallet apps, transactions are not that difficult. So, let’s have a look at the top 3 e-wallet apps in India.Paytm
Paytm is probably the first widely accepted e-wallet service in India. It can be accessed using an iOS or an Android smartphone. In fact, one can also access it using any of the standard web browsers. The platform comes with features like Paytm Wallet, where a user can use the wallet to make seamless transactions. Recently, Paytm has also started the Paytm payments bank, where the user [...]
Paytm has rolled out a new update of its app which introduces a new feature called Inbox. The new feature is a full-fledged instant messaging app in itself which lets people communicate through texts, photos, videos or emojis and most importantly, lets you send or receive money as well. The money can only be transferred using the Paytm wallet and this update comes before WhatsApp rolls out its payment feature.
In a blog post, Paytm said:
We are excited to launch Paytm Inbox today, a new offering on our app with a fast and simple messaging service that will let you chat with your friends and family, and send/request money at the same time. You can even chat with your [...]
After stepping in the e-commerce market, Paytm is geared to diversify into the offline space. The digital recharge start-up has partnered with thousands of quick service restaurants (QSRs) in major cities of India to provide cash-less service in the next two months. By stepping in offline retail business, the mobile recharge service will offer customers a choice to pay through their secure platform without the need to carry cash.
The Vice-President (Business) of Paytm Amit Lakhotia stated on the same –
We are now foraying into the offline space. We have partnered various QSRs [...]
Indian mobile payment start-up Paytm is forcing itself to the rapidly growing e-commerce market in India. Lately, the online payment platform announced itself as a new-fangled e-commerce company and said it would work with emerging businesses. The start-up firm, aiming to become India’s Taobao, came up with two big announcements -One is the wallet app, and the other is a platform for sellers that allows both individuals and businesses to sell their products.
The Founder and Chief Executive of Paytm owner One97 Communications, Vijay Shekhar Sharma said in a statement –