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RBI May Soon Close the Mobile Wallets

Reserve Bank of India (RBI) revised Know your customer guidelines (KYC) may close the digital wallets business in India.Earlier in the month of October, 2017,

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Why Transfer of Funds Between Mobile eWallets Bad for Banks ?

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