With the exception of few changes such as chip and pin technology, cashless society, cash cards loyalty cards and the new age of E-wallets or Mobile wallets are

creating their niche in the trending financial sector. With the growing technology and readily available resources at affordable cost, people today look for virtual


There was a stigma of security issues couple of years ago, but these have been fading off slowly and finally taking a leap towards enchantments with the promotion of

e-wallets today.

Forget your plastic cards now and shop online with the latest technology. Let’s see what are the 7 benefits of why E-wallets work out effectively.

Online Shopping:

We all love shopping all day long. E-wallets or mobile wallets can be used for online shopping and are user friendly as you need not carry any plastic cards. Sit back,

relax, and shop till you drop!

Bill Payment Services:

Paying bills is always a difficult and boring job in one’s life. Life has become easy now with cashless payments. One can pay their mobile, telephone, gas,

electricity, DTH bills online using mobile wallets.

Instant Balance Transfer:

Do away with the card to card money transfer and say hello to E-wallets. It’s not One-way. It’s a two-way access with mobile Wallets. Now transfer money back to your

account in case you want to cash your monies, at no extra charges for this transfer.

Redeem Coupons

It’s a treat if you have coupons. Vendors on a regular basis churn their offers by providing various deals and coupons for all their online recharges and online users.

You can redeem coupons, offers, deals from time to time using wallet payment services.

Transfer Cash to another Wallet:

Access ‘Wallets’ to ‘Wallet’ mode of transactions and ‘Send Money’ in an instant. Punch in your friend’s mobile number to transfer to monies instantly to their wallet.

Book Online Buses:

Travel cashless and be relaxed. Fulfill your dreams now as e-wallets partnered with most notable Travel service providers like Uber, Make my Trip and many more on the


Recharging Mobile Phones or DTH

E-wallet services allow you to recharge your mobile and can be done automatically. A customer can also go for scheduled recharge option where a filled e-wallet can

recharge a number or DTH connection on set times of the month.

I’m Rahul Mahajan. I am a 30 year old professional, working in the banking industry for over 4 years and have been using reloadable prepaid cards,
ItzCash E-Wallet Payments in India.

Categories: Business


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