State-run owner BSNL on Saturday released a pre-paid cards connected cellular pockets support which would allow its clients to exchange money, pay for solutions as well as take out money of up to Rs. 1 lakh. The pockets support, Rate Pay, allows a client to fill money even if he does not have a banking consideration. The money packed in the cellular pockets can be moved to a banking consideration and even removed at financial institution divisions or at BSNL sites.
Government-owned train ticketing system IRCTC, which is the one of the most used on the internet business website in the nation clocking on a normal over 500, 000 passes a day, has included Paytm’s pockets as an on the internet transaction choice. Next time you try to guide passes through IRCTC website; it will be that much easier for you as you will be able to create expenses through Paytm pockets.
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.
Norway, Sweden and few other countries are smaller than India but have already implicated the cashless system in full effect. Now here’s lie the logic that a big country, specifically a subcontinent, like India can’t go cashless completely.
Ola is India’s leading mobile app for Intermediary Personal Transportation (IPT). About six months ago Ola launched auto booking through its app. There is, currently, over 40,000 autos are registered on the app and that’s too extended over pan-India. Now the cashless ride is an added feature to this app.
With growing modernization the work is getting simpler and easier. Banking being one of the vital part human lives cannot be expected to stay back. Taking revolution to a whole new level and diversifying the outlook of banking, ICICI Banks have introduced new integrated phone based banking service called “Pockets”. With the sole purpose of bringing mob-banking to a very different level, country’s first digital bank has been launched.
In an attempt to woo its customers HDFC Bank has launched Digital wallet – merchant payment service, which can be used across various online retailer outlets. Customers can make payments for their purchases on various websites by remembering their HDFC Bank digital wallet details.
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.