April 27, 12.50 PM IST || Pocket News Alert
The payment industry has evolved tremendously; the customers are finding it comfortable making payments via mobile wallets. The Mobile Wallet (TMW), India’s fastest growing Digital Wallet has brought on board renowned brands from the Lifestyle, Finance, Food and Technology Categories to value add to its users.TMW wants to give its growing customer base special offers on popular brands retailed MBO’s like The Mobile Store, Madura Fashion & Lifestyle, Askmebazaar, Policy Bazaar, Bank Bazaar, Provogue, Just in Time and many more. With these Tie-ups ‘The MOBILE WALLET’ has brought convenience of cashless transactions for their customers.
Technology being a sector with great influence on the Indian Market our Tie-up with The Mobile Store, India’s largest telephony retailer with about 600 outlets across India has brought our users easy access to Smart Phones. All the Electronic brands at The Mobile Store will now be available on The MOBILE WALLET. Likewise for the lifestyle sector TMW has tied up with Madura Fashion & Lifestyle by Aditya Birla Group. Madura Fashion & Lifestyle has over 6,000 stores across India. TMW users can get brands like Louis Philippe, Van Heusen, Allen Solly, Hackett, Peter England and many more with just a simple click, that’s not all shoppers will also get rewarded on their purchase.
Now The MOBILE WALLET is accepted in 13 cities i.e. Mumbai, Delhi, Kolkatta, Pune, Bangalore, Patna, Indore, Rajashthan, Ahemdabad, Ahemdnagar, Jaipur, Baroda, Surat, with 25,000 outlets, additionally it also includes general trade stores.
Speaking about the association, Mr.Vinay Kalantri Managing Director, The MOBILE WALLET says, “It gives us immense pleasure to announce our Tie-up with India’s top leading brands. Now everyone can go cashless and get rewarded at the same time for making a purchase of their desired brands by paying through The Mobile Wallet. Our partnership with these brands is the first step towards providing our customers with an easy shopping experience.”
Mr. Vinay Kalantri further added saying, “The wallet business in India is growing by 150% per annum and The MOBILE WALLET (TMW) will be a major player in the industry by 2018.”
The MOBILE WALLET believes in proving itself to go beyond payments and ensuring that its customers have easy access to the renowned brands. Currently, India has about 135 million wallet users; all the mobile wallets have unique features for their users. Technology has made its space in the market through the ever evolving smart phones. This brings us to the future evolution of mobile wallets. Based on current developments, it is safe to say that mobile wallets will soon be a self-reliant ubiquitous ecosystem.
When it comes to security, TMW has taken prompt measures to avoid mishaps. Users can load more money on their The MOBILE WALLET account and shop in peace to fulfil their aspirations by indulging in the best of brands or gift it to their loved ones.
About The Mobile Wallet Pvt. Ltd.
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.