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Soon you can transfer money from one wallet to another

Shortpedia

Content Team
Image Credit: entrackr.com

As RBI has released guidelines for interoperability, users will soon be able to transfer money from their Paytm wallet to Mobikwik and vice-versa. The step is seen as a revolutionary by the banking regulator as e-wallet operators such as Paytm, Mobikwik, Jio Money, Freecharge and Ola Money will now have this feature to transfer wallet money to each other. This will influence users to go for digital transactions more often.