Maximum balance Rs.10000 (Nil KYC) and Rs.100000.00 at any point in time.(Allows transaction between mobile wallet) Mobile wallet Interoperability for full KYC Accounts.You can not transfer mobile wallet balance to the bank account if your mobile wallet is not KYC verified. As per RBI guidelines, minimum mandatory KYC documents will require to operate any mobile wallet in a smartphone.Anyone can open a mobile wallet by installing the app.How to pay credit card bill online using Apps, UPI & IMPSįeatures of Mobile Wallet or e-wallet App.Best Contactless Payment Apps & Cards in India.Some mobile wallet app in India provides a virtual Debit card, which you can use for any e-commerce website across India. The mobile wallet can be integrated with UPI payment service for P2P money transfer or NFC technology for contactless payment service. Anyone can open a mobile e-wallet easily just by downloading the app from the Android Play Store or the Apple App Store. What is a Mobile wallet or digital E-wallet App in India?Ī mobile wallet or digital e-wallet is nothing but a digitized version of the virtual bank account with limited transaction facilities. Features of Mobile Wallet or e-wallet App.

What is a Mobile wallet or digital E-wallet App in India?.

App wallet android