Many banks now offer e-wallets that allow customers to make payments in one click, using their mobile phones. It is a safe and convenient mode of making payments to service providers and also for transferring money to your contacts in an easy way.
Download applicationTo get started, you have to download the e-wallet application from Google Play for Android-based phones or Apple App Store for iOS-based phones. Each bank has a different e-wallet application.
Details
Once the application has been downloaded on the phone, it has to be opened and some basic details, such as name, email address, mobile number and date of birth, have to be entered. Some banks require users to create a user ID and password for accessing the application, while others allow the Internet banking user ID and password to be used for the same.
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