E-wallets News
During the pandemic year, Indian HNIs are more risk-averse.
Stock markets and real estate remain the most popular investments among the millionaires polled.
The report breaks down the geographical distribution of millionaires by state and city, depending on their long-term residence.
98.2 lakh digital transaction were made on Thursday.
PayPal will be able to process both local and global payments.
Investors will be permitted to purchase mutual funds worth up to Rs 50,000 through digital wallets with the market regulator Sebi today approving the proposal.
People have begun to resort to online payments with the help of payment apps and/or e-wallets, which needless to say, are experiencing a booming business ever since demonetisation came into effect.
Reserve Bank has directed entities offering services such as e-wallets, smart cards and White Label ATMs to prominently display their company name in products to ensure transparency.
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