BHIM
Joins The Digital Dangal
Joins The Digital Dangal
Impact of
Mobile Wallet
Mobile Wallet
As Demonetization has altered the way of payment, theshortage of money initially created a chaos among the people, but
later people adopted this changes for better life. Demonetization has
become an integral part of every individual as it has changed the
lifestyle of the people and the flow of cash. When it comes to
payment option, most of the time we don’t have proper amount of cash
and the citizens of the country were facing issues in standing in the
ATM line for a long time, but later the new method came which was
mobile Wallet. Mobile Wallet played a very crucial role in helping
people to go cashless. The majority of the humans used mobile Wallet
for making daily payment. PayTM was the foremost mobile wallet which
helped everyone for making payment. This has encouraged people to go
cashless. Electronic Wallets has impacted drastically, as it has
altered the way of the payment. Prime Minister of India came up with
numerous methods and program for encouraging people for paying
through the mobile wallet. As far as the authentication is concern
digital wallets are very authentic as they keep your money safe.
Electronic Wallet never lets you down when it comes to encash the
money.
BHIM
digital Wallet
digital Wallet
As Mobile Wallet has created a revolution, there is
another wallet introduced in the market, which is named after
Babasaheb Bhimrao Ambedkar. As BHIM stands for Bharat Interface for
Money. This money wallet is more effective than PayTM, as this wallet
is for feature phones as well as for low-budget phones. This digital
wallet is UPI-based i.e. one can easily transfer money. This wallet
can directly be linked with your bank account, like any other mobile
wallet one need not put money in the wallet first. The best feature
of this wallet is that you can keep a check on your expenses and the
money you have in the wallet, this would help you to do the
systematic flow of money. There are many humans who face problem in
using mobile wallet just because they don’t know how to read in
English, BHIM is the only mobile wallet which is in both English and
Hindi and soon it would be launched in the regional languages. This
app can only be registered on the phone number which is registered in
the bank also. This app has made easy for the people to access to
money and transfer it to another account.
another wallet introduced in the market, which is named after
Babasaheb Bhimrao Ambedkar. As BHIM stands for Bharat Interface for
Money. This money wallet is more effective than PayTM, as this wallet
is for feature phones as well as for low-budget phones. This digital
wallet is UPI-based i.e. one can easily transfer money. This wallet
can directly be linked with your bank account, like any other mobile
wallet one need not put money in the wallet first. The best feature
of this wallet is that you can keep a check on your expenses and the
money you have in the wallet, this would help you to do the
systematic flow of money. There are many humans who face problem in
using mobile wallet just because they don’t know how to read in
English, BHIM is the only mobile wallet which is in both English and
Hindi and soon it would be launched in the regional languages. This
app can only be registered on the phone number which is registered in
the bank also. This app has made easy for the people to access to
money and transfer it to another account.