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With huge popularity of digital wallet companies and Go cashless initiatives, it is very evident that soon digital payments are going to be the thumb rule practice over cash. Let's know more.
By making payments quicker and hassle-free for buyers, mobile wallets have been helping online retailers in closing their sales more efficiently.
Payment solutions provider Oxigen today launched its mobile wallet (mWallet) service, Oxigen Wallet, through which users can transfer money, purchase gifts for their friends and family on social networking platforms.
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services.