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Uses of Mobile Wallets Expanding

Paytm wallet has simplified Shekhar's life. He tops the wallet with Rs 1,500 and uses it to recharge his own mobile and two other numbers in his family. Sometimes, he gets a call or two from his colleagues too asking for a small recharge of their mobiles. Besides, he has discovered new ways to pay for small household chores. New uses for wallets are evolving. Various players are recognising this and are adapting to the changing environment.

Read the whole story at Financial Chronicle »

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