EWallets, the future of Loyalty Programs

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Ewallets or Mobile Wallets are creating their niche in the trending financial sector. With the growing technology and readily available resources at affordable cost, people today look for virtual money.

There was a stigma of security issues couple of years ago, but these have been fading slowly and finally taking a leap towards enchantments with the promotion of e-wallets today.

Forget your plastic cards now and shop online with the latest technology. Let's see what are the
10 must take care tips so that mobile wallets work out effectively.

Sign Up:

Signing up is very important. Utmost care to be taken while filling personal and financial details.

Verify your Identity:

Ensure that you are verifying your identity on the spot rather than delaying looking at the forms.
Don't think this to be a junk, while most of us feel lackadaisical when it comes to authenticating one's identity.

Store your details:

It is also vital to be cautious when giving out information about your transactions in public places likes the web either willingly or unwillingly, so as to stay away from revealing your identity.

Online Shopping:

We all love shopping all day long. Ewallets or mobile wallets can be used for online shopping and is user friendly as you need not carry any plastic cards. Sit back, relax, and shop till you drop!

Bill Payment Services:

One can pay their mobile, telephone, gas, electricity, DTH bills online using mobile wallets.

Instant Balance Transfer:

It's a two-way access with mobile Wallets. Now transfer money back to your account in case you want to cash your monies, at no extra charges for this transfer. Isn't it magic?

Redeem Coupons

It's a treat if you have coupons. Vendors on a regular basis churn their offers by providing various deals and coupons for all their online recharges and online users. You can redeem coupons, offers, deals from time to time using wallet payment services.

Transfer Cash to another Wallet:
Access 'Wallets' to 'Wallet', click 'Send Money'. Punch in your friend's mobile number to transfer to monies instantly to the other wallet.

Book Online Buses:
Travel is your passion. Fulfill your dreams now as e-wallets partnered with most notable Travel service providers like Uber, Make my Trip and many more on the list.

The Kiran Mehta is a Post graduate from Napier Edinburgh University, Scotland and Freelancer Content Writer and Web Developer and one of the frequent visitors of Itzcash.com for mobile wallet payments.


David G Ford