Today, we are discussing about List of All Mobile Wallet App Till 2017 and Best India Banks UPI Apps in this particular webpage. After the announcement of Indian Prime Minister Narendra Modi about Demonetisation, Digital banking grows rapidly in 2016. According to a financial adviser of ministry of India reported that Mobile Wallet App transaction increases at the rate of 400% just in 2-3 months. So, in these circumstances, people face so many problems. Especially those people who are living in rural areas which depend only for cash business.
Best India Banks UPI Apps
As you know that every coin has two faces, so announcement for this act some people are happy but a huge population of India deal so many problems because here are a vast generation lives in India that have no any idea about this scheme or action. They are confused that how they can use this facility. In fact, a fast internet connection is like the wheel for this All Mobile Wallet Apps but in India there are so Many places which have n0o any internet connectivity. If you wish to know the full process about UPI Apps, then scroll down your curser and catch all information regarding All Mobile Wallet App with some other important points that you must have to know before using this e-transaction facility.
Here we are given the all info about List of All Mobile Wallet App with Best India Banks UPI Apps as well as. Actually UPI i.e. unified payment interface is a radical e-payment system. In this page, you can get answer all queries that are in your mind about Best India Banks UPI Apps. Check the details regarding List of All Mobile Wallet App Till 2017 in following lines. You can get the UPI Apps just by clicking on the relevant links that are placed along with bank mane in following list.
Now all banks provided the UPI Apps for their customers. UPI Apps is better than all e-payment gateways of all over India. You can send or receive money to any other banks without using the bank account number. Currently, near about 30 banks of India joined the UPI platform. UPI allows to the account holder to make payment through this app on your Smart phone. You can send bills and get money once the client approves it. And the interface of this App is unique and processing to transfer money as simple as to send a SMS from your mobile. Now, RBI announced the maximum transaction limits as 20000 per day.
Till now UPI Apps is not available for window and iphone but company said that they are developing this app for window and iphone platform as soon as possible. Here are details for other banks that are provided the facility of UPI Apps for money transaction. Just download the appropriate app via Google play store and create a Virtual Payment Address (VPA), now you are able to transfer money to any bank account via your Smartphone. There are so many benefits of using UPI Apps such you can recharge your DTH connection, Pay the examination or admission fee and shopping online through Banks UPI Apps.
These Apps made e-transaction easier but these are not mobile wallet. You can directly transfer money through it. The UPI Apps act like a link between you and your bank account. There is no need to give the details or use of your Credit Card/Master Card or any other E-banking facility. Android user must go to Google play store and download UPI Apps according to your phone capability. Create a unique ID for this app that called Virtual Payment Address (VPA). You are allowed to give this VPA to anyone for receive the money.