Mushrooming of online marketplaces has forced Indian shopaholics to transact online. The trend has also created a stir among all those small medium retailers (SMEs) that earlier refrained from online payments.
Recently, Freecharge has come up with a MasterCard powered virtual card named 'FreeCharge Go.' This is basically a one-stop wallet for any online transaction a customer wants to make from any part of the country.
Paytm, has recently joined forces with Delhi metro to enable users with a service where fares can be automatically deducted from their Paytm balance, instead of recharging their metro cards time and again.