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What are Mobile wallets? - Commercial Studies

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प्रश्न

What are Mobile wallets?

संक्षेप में उत्तर

उत्तर

  1. Users can transfer money using a smartphone through e-wallet transfers as long as the transaction takes place with the same e-wallet service provider.
  2. Wallet transfers are restricted to an upper limit of 10,000 per transaction. To transfer the funds the user needs to open the app, add the beneficiary's email id or mobile number and put in the amount to be transferred.
  3. Once the transaction is authenticated by the remitter the money gets added to the wallet of the beneficiary in real time.
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Modes of Transfering Money Online
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 14: Banking - QUESTION BANK [पृष्ठ २६१]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 14 Banking
QUESTION BANK | Q 9. ii | पृष्ठ २६१
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