‘The MobileWallet’ Enters the Digital Payment Segment

The Mobile Wallet Pvt. Ltd. is a new age start up that has in the short period launched The Mobile Wallet.  The Mobile Wallet (TMW), the Brain child of Mr. Vinay Kalantri, is a digital wallet providing a payment solution for customers and businesses that will make Life Easy for all concerned. Using QR (Quick Response) Code Technology, TMW will enable its users and merchants to make and accept payments using just their Mobile Phones in three simple steps. The technology will empower the merchant to accept payments without having to invest in POS machines and will make it simpler for every Indian to Go Cashless.

The user of The Mobile Wallet will be able to make payments for daily requirements at their local kirana stores, utility bills & recharges, make Travel Bookings like (Domestic & International) Airline Ticket & hotel Reservations, Shop Online, transfer Money to Friends and Relatives, Request Money from Friends and Relatives, pay insurance premiums, shop at branded and high street stores among other benefits. The user will also be rewarded with Reward Points for all purchases made using the TMW App.

The Merchant can accept payments from their customers using the QR Code that would be assigned to them reducing the requirement of procuring large sums of Small Change in Coins and Currency Notes of Small Denomination thereby saving them time and money. Apart from the savings in time and money, the TMW Authorized Merchant will also have access to additional sources of business and revenue by simply using the TMW Merchant App.

The Mobile Wallet (TMW), a newly launched online and offline Payment Solution reaches out to users and merchants across India. The Mobile Wallet (TMW) App is now available on the Google Play Store and the Amazon App store for Android Phone Users and Blackberry (OS10 +) users. Simply Click here http://bit.ly/1NcPJtX  to Download The MobileWallet now!

App Features: The Mobile Wallet (TMW) uses barcode and QR code technology to process payments. This encrypted transaction mode ensures safety, reliability and convenience. Both offline and online merchants can accept payments using this technology. The customer does not have to share their card and bank details with the merchant. Using a 256 bit encryption data security is maintained at all times. The Mobile Wallet has been designed keeping in mind safety, security & convenience of its users. The security lock code is just one way of ensuring that The Mobile Wallet app is extremely secure. On downloading the app users are entitled for 50 reward points. Additional reward points are awarded on transactions using the “The Mobile Wallet” App. Users can also keep a track of their expenses done through “The Mobile Wallet” as it has a feature which displays their transaction history. With the Mobile Wallet, sending and receiving money among friends will be effortless.

Users: Put aside all your payment hassles by simply downloading The Mobile Wallet (TMW) App now available on the Play Store. Your one-stop solution for making easy payments using just your Mobile Phones, The Mobile Wallet (TMW) is the latest digital wallet that enables users to make payments in a matter of seconds, by simply scanning a QR Code (Quick Response) available with all TMW Authorized Merchants from the TMW App. A wonder wallet in the making TMW is safe, efficient, convenient and most reliable.

The user of The Mobile Wallet will be rewarded through its unique self-managed loyalty programme for all spends made using TMW. Making payments for your daily requirements at your local store, making travel bookings like Airline Tickets & Hotel Reservations will now turn into a rewarding experience with The Mobile Wallet. That’s not all; users can also transfer Money to Friends and Relatives or Request for Money from Friends and Relatives through The Mobile Wallet.

Merchants: Driven by a 1,200 strong Merchant Acquisition Team, The Mobile Wallet (TMW) will reach out to all stores and outlets across the country to make them a part of The Mobile Wallet payment Ecosystem. The drive will target the entire spectrum of stores ranging from the smallest of local stores which sell daily requirements to the biggest of brands. The merchants that sign up with The Mobile Wallet will be able to accept Digital Payments through Mobile Phones without having to invest in EDC machines, payment gateway and other payment solutions.

The Merchants will be able to accept payments through QR (Quick Response) Codes which will be assigned to each store with a unique ID. The unique Merchant ID can also be used by regular customers to make payments for their home delivery requests thereby reducing the need for the delivery boys to carry large amounts of small change and currency notes. It will also reduce the need of the Merchant to make multiple visits to the bank for procuring small change in 1, 2 and 5 rupee coins or currency notes of small denominations.