Top 6 E-Wallet Apps For a Cashless Society Cashless society is basically an economic concept where all the financial transactions take place through the internet and connected devices; there is no need for paper currency and coins. E-wallet is like a virtual wallet that can be installed in your smartphone to allow you to store your money digitally and use it for transactions. It can be linked to your mobile number and your bank account, to facilitate quick, easy, and secure monetary transactions. In today’s era, cashless payments are possible via several means including mobile wallet apps, point of sales (POS), mobile banking, internet banking, and so on. Many countries are making active efforts to remove cash in circulation for a cashless society. For this more and more FinTech are investing in mobile wallet app development done – Sweden is its main example . In Sweden, Cash is no longer a king! Even buses haven’t taken cash for years. Not only in Sweden, the graph b...
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