IMAGE: Many people use mobile wallets only to avail discounts or cashbacks and did not store money in the wallets. Photograph: Shailesh Andrade/Reuters. Sai Manish & N Sundaresha Subramanian offer a fresh perspective on the digital wallet business. Paytm might now be riding the demonetisation wave, adding wallet users by the millions and transactions in crores. But as of March, most of its wallets had little or no money. The average balance of Paytm wallets at the end of ... Rediff.com, 1 month ago
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