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Financial inclusion, the cashless way

smartphoneshemant-kFSD--621x414@LiveMint

Last week, several banks launched app-based services, kicking off a revolution in the way we digitally transfer funds using smartphones.

It is now possible, as easily as messaging someone, to transfer funds 24×7 through our smartphones to not just pay utility bills, transfer to another bank account, but even move funds to each other (P2P or peer-to-peer)—all this without sharing personal details like a bank account or a credit card number.

For more on this story visit the following link: Financial inclusion, the cashless way

Source: LiveMint

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