The mobile wallet is a platform that provides a complete solution for the digital/online transaction where the Bank or Financial Institutions can launch a mobile wallet.

It is an e-commerce model that is developed for mobile devices. A mobile wallet is also called e-wallet or mobile money.

At Ajath we developed the mobile app which helps the customer like-: paytm, phonepe.  Using a mobile wallet in daily life is simple, to begin with. Download the app and create a user is all you need to do. It is as simple as creating an account on Gmail or Facebook from your smartphone.

The user can register via KYC process and once registered, can enjoy sending or receiving money.

Mobile wallet provides an easy way to send or receive money without using and bank service. People can purchase goods or transfer money using their wallet.

Any Smartphone can be converted into an e-wallet. The mobile wallet provides many features to the users which include coupons, vouchers and loyalty points.

It is easy, fast and safe to pay via a mobile wallet. All the transaction is safe and protected. Using e-wallet/mobile wallet is interesting as customers get rewards and cashback.

The wallet can be used for various purposes, starting from form paying at your local stores for your utilities, DTH, prepaid, postpaid, data card and broadband. The reach of the e-wallet/mobile wallet has gone wide and far.


The main features of mobile wallet:

a) Pay bills
b) Money transfer
c) Store money
d) Security
e) Portability


Mobile wallets have made transaction quick and easy, customers love enjoying fast services, they want to go cashless and make payment easily and securely.

According to a survey report, in the year 2018 73.9 million people in India are using a mobile wallet, this is a dramatic increase of 39.7% compared to last year.

The mobile wallets like PayTM, Google Pay(Tez), BHIM, PayPal have given a better ground to the users.