Uses
- Convenience -Mobile wallets enable transactions to be completed instantly.
- Easy and quick access – users details like card number, expiry data, CVV once entered are stored and can be accessed at a click easily and quickly.
- Wide range of uses- users can use amobile wallet for various transactions, such as bill payments (DTH, electricity, water, broadband, cable, etc.,), buying travel tickets , buying movie tickets/ groceries etc.,
- On time hassle free payments- the autopay option in the app will automatically pay your bills on the specified date.
- Security- the mobile wallet cannot be stolen like physical wallet, also in case of mobile loss the wallet has security settings that ensure only individual user accesses it. Moreover, when data is transmitted via a mobile wallet for making payments, encrypted payment codes are used to ensure security.
- Discounts and offers -Mobile wallets often have promotions, Reward Points, Cash Back, bonuses, gifts, and other incentives that can save you money.