Finally, after much anticipating, Reserve Bank of India, or RBI came up with the final mode of paying issues, with a completely new set of guidelines. This is likely to end all ambiguity, which surrounds the field of contact less payment solutions. As reported earlier, there is not going to be an additional verification factor, which can land up to any amount till 2000 bucks.
India’s second biggest telecommunications company i.e. Vodafone Indian declared their new invoice transaction Smart cell phone pockets app – M-Pesa. The program has been released across all the significant Smart cell phone systems such as Android operating system, iOS, Blackberry mobile phones OS and Ms windows Phone as well. The app is mainly focused at the on the internet invoice transaction and cellular renew performance.
With the advancements in technology, a device called Coin has came into being, with the size of a credit card that can store information of other cards as well. With coin coming into market, the unnecessary mess in the wallet is sure to cut down, after all who wants to carry all messed up wallets.