The ban on INR 500 and INR 1000 notes has given a push to digital wallets and Indians will be seen connecting digitally even more now. Not only does it reduce the flow of black money in the economy but also align with the Digital India initiative of the government.
The announcement came as a surprise and most of us are worried about our day to day expenses. With no respite at queues at banks, what if we run out of cash? The common man is left to stand outside financial institutions and the situation is quite chaotic with people left perplexed as to how to utilize their notes.
However, mobile wallets can act as a respite when it comes to standing in long ques. Better, if the wallet comes preloaded on your phone and is a walking transaction card for you.
Udio is a Mobile wallet Application which comes pew-loaded on millions of Micromax handsets, Micromax, Visa and Transerv have joined hands and launched mVisa payment solution for Udio mobile app users. Micromax is the only handset provider with a native Udio app facilitating mVisa access, and it aims to become the torch bearer in this cashless economy. Udio is available on the Google Play Store & App Store. The initiative is aimed at promoting mobile-based payment solutions under the aegis of RBL bank.
There are two ways of how you can add money to your Udio wallet-
- Add Money button lets you load your Udio Wallet from your debit/credit card, or net banking
- Request Money button lets you request money from your friends/family on Udio Wallet
Offers on Udio Wallet
- Get up to INR 2000 off on eBay.in Use code UDIOEY8OFF, pay using your Udio Card & get 8% upfront discount!
- Earn Recharge Vouchers up to INR 375 on 5 Udio Card spends, 5 Recharge/Bill payments & 5 Gifting transactions.
After downloading the App, you enter your details, and then you can get your virtual card or order your own Plastic Visa card, which you can later use in any POS terminal. The card costs INR 49 and will come to your home within 7 days and also you will INR 49 Cashback after 72 Hrs(limited time offer).
Features of UDIO Wallet
- send a gift voucher(Amazon, Myntra, BMS, Domino’s etc)
- Gift 3G/4G Data to your friends/family members
- Recharge and PayBill
- Split Bills
- Collect and Send Money
- Transfer money to your bank account
You can use this card at all POS terminals to make your payments, and also you will get 2% Cashback for your transaction. (Limited time offer)
Download Udio App for Android
Install this application on your smartphone and let us know what are your thoughts in the comment section below, Follow us on twitter for more news and updates.
