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TranServ to introduce mobile wallet with mVisa, RuPay

  • Digital payments
    company TranServ is launching a new mobile wallet and tying up with mVisa and
    RuPay to make it acceptable across offline stores and e-commerce portals, the
    Economic Times reported.
  •  
  • CEO Anish Williams
    • Digital payments
      company TranServ is launching a new mobile wallet and tying up with mVisa and
      RuPay to make it acceptable across offline stores and e-commerce portals, the
      Economic Times reported.
    •  
    • CEO Anish Williams
      told
      ET that TransServ will partner mVisa,
      RuPay and commercial banks, rather than signing up with numerous individual
      merchants.
    •  
    • Visa launched its
      mVisa payments service in August this year, which allows users to make cashless
      payments from their smartphones at physical stores, e-commerce websites and
      deliveries at home via QR codes.
    •  
    • mVisa counts ICICI
      Bank as a client and the bank allowed users to make cashless payments from
      their smartphones at physical stores via the Pockets app, using the mVisa
      service.
    •  
    • TranServ’s new wallet
      called Shmart is still in beta testing, the
      ET
      report added.

     

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