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Why Transfer of Funds Between Mobile eWallets Bad for Banks ?

ewallets transfer

RBI has allowed the transfer of funds facilities between different Mobile eWallets. Now any of the mobile ewallets users like PayTm, Mobikwik, Oxigen, Freecharge etc may transfer of money between themselves i.e. from PayTm to freecharge or Oxigen or Mobikwik or Jio Money.  Earlier it was restricted by RBI under Prepaid Instruments Guidelines or PPI’s. RBI has announced to open ...

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Syndicate Bank Bharat QR Apps, How To Use Guide ?

Syndicate Bank has launched the syndicate Bharat QR application for android devices i.e. Synd Bharat QR. Syndicate Bank customer can now use the Bharat QR application to scan and pay bills at any of the merchant outlets. Currently Syndicate Bank Bharat QR application will support Rupay cards for payments and later VISA, Master pass etc will be included. Read : How ...

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BHIM Aadhaar Pay Merchant Payment Apps – Download,Benefit and Comparison

BHIM Aadhaar Pay is the another mobile based payment application launched by Indian Prime minister to push the cashless digital initiative. In order to push the cashless economy, post demonetization, thrust were given much on Digital payment and Aadhaar Pay is the apps which will change the payment scenario in Indian banking transaction in coming days . BHIM Aadhaar pay ...

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