#mobilewallets

The Reserve Bank of India (RBI), in its latest monetary policy has allowed the cash withdrawal as well as merchant payment from prepaid instruments (PPIs) such as mobile wallets. Digital wallets have also been allowed by the banking…

According to a report, next few years are going to see rapid increase in digital payments. Also it is going to account for a 71.7 percent share of all the payments in India by 2025. According to the report by ACI Worldwide, only…