Last update08/06/2018


Make cash wallet your best friend!

Friday, 27 January 2017
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Now who is the new-age bestie for most people?

Without doubt it is the multi-purpose digital wallets that are on the rise today. Of all the other facilities, Payments are the most important, as it is the tunnel that leads us into the world of luxuries and even necessities. Here is where we open our wallets to transact, buy products, pay utility bills, top-up mobiles and DTH and make all sorts of payments. So how does the online world facilitate payments?

While digital card payments are still the rage, not everyone has access to a credit card. Credit cards do make life easier, but for the unbanked or for first time users, it does take a little time to get them to understand its usage.

However, with the introduction of e-wallets / cash wallets, things have become much easier! Cash wallets allow people to make payments, transfer money, pay bills and perform a host of financial activities without actually having to handle cash or even use a card. Everything is performed electronically through an app. The userÔÇÖs bank account is linked to the digital wallet and all payments go through it. All it takes is a swipe, click, confirm and you are done!

Where do you get them?

Cash wallets have gained popularity and so the number of companies offering this service has been on the rise. Multi-purpose apps such as Paytm, MobiKwik, Freecharge, or Oxigen, are available for download and usage, on the official Android Google Play store or the Apple App Store. For security reasons, ensure that you download wallets from the official stores only. As you will be transacting and keying in important financial info, security is of utmost importance. Also double check the publisherÔÇÖs name and ratings so that you donÔÇÖt fall for the illegitimate fake apps in the store with misleading keywords on their titles.

Cashwallet Importance

What are the benefits of cash wallets?

Safety: Cash wallets are absolutely safe and protected in various ways through passwords and fingerprint access. Additionally, these wallets can be topped with the required amount of money only and so, you can easily control the amount of money you want to load onto your wallet.

Easy payments: Cash wallets facilitate easy and fast payments online and help save a lot of time.

Worldwide facility: Cash wallets can be used to make worldwide online payments. They are not restricted by location or availability of machines like ATM kiosks, for example. All you need is a device and internet connectivity and if you are a registered user, you can make payments anytime.

Track payments: Extremely easy to track payments, anytime and anywhere, these wallets save digital receipts which can be viewed and printed out even at a later date, and is certainly a better way to maintain your payment records.

Discounts galore: Many companies offer attractive discounts on the usage of digital wallets, and so shopping online with these wallets helps with cost savings and convenience.

So are you ready to make cash wallets your new best friend?

Last modified on Friday, 27 January 2017 06:28