why should i get a mobile wallet

Ten reasons you should get a mobile wallet:

1. You can recharge your phone, make purchases online or in your neighborhood store and pay bills for your electricity, gas or school directly from your account without withdrawing cash.
2. You can send money to your dear ones using your phone. If you are short of cash, you can even request your friend to ‘paytm’ it to you.
3. You will never need to worry about change.
4. A wallet like paytm is accepted at almost all online and 15 lakh shops and outlets offline
5. Even if your friend, or the shopkeeper to whom you have to pay does not have a wallet, you can send her money and she can immediately download the wallet to receive it
6. By using your ATM/Debit card or credit card for small transactions, you are exposing your details to all merchant sites, whereas the wallet lets you set aside small amounts for such use, reducing your risk.
7. If you are a small business or shop, you reduce your time spent on handling money and if you are a customer, you save time standing in various lines to first get cash and then to use that cash for making payments.
8. It is your money in your hands 24 hours and you can check balance anytime you like.
9. It is easier to resolve disputes about transactions because you have full details with time, date and names. You know what you did with your money.
10. Of course, you get attractive cashback and no need to carry coupons to claim the same!