Today’s web savvy generation has shifted in the way we interact but also shop online. The rise in mobile apps has led to the increase in alternate payment solutions other than net banking or debit/credit card, such as the mobile wallets.

What is a Mobile Wallet?

A mobile wallet is a much safer and secure way to carry your debit and credit card information digitally without mentioning the details of your card every time during online purchases. In India, popular mobile wallets are PayTM, MobiKwik, Oxigen, Citrus Pay, mRupee and FreeCharge.

Benefits of Mobile Wallets

Mobile wallets have some amazing features and benefits that makes them highly sought after:

1. Quicker Checkout– Not having to enter your card details every time you make an online purchase enables faster checkouts. A slow payment process is one of the reasons why buyers turn away from making a purchase. Mobile wallets make it easier to have a smooth and safe payment checkout to ensure a happy and successful online purchase.

2. Safe and Secure – Mobile wallets are a much safer way to transact online as your card information is not revealed during the payment process which why people are preferring the use of mobile wallets for online purchases.

3. Quicker refunds –Getting refunds is instant in case of mobile wallet payments unlike a bank account refund that usually takes around 3-4 business days to credit.

4. Rewards – Get instant rewards on mobile wallet payments and get cash backs on utility and popular payments. You can benefit from special offers and coupons that can be used towards different online purchases.

5. Multi-usage – Mobile wallets have expanded to all sorts of ecommerce platforms and can be used on almost all leading websites and apps. This makes this payment option preferable.

6. Virtual payment receipt –Mobile wallets allows instant receipt of payments made via sms and an email. This helps in speeding up the checkout process and streamlines future return and exchanges that can easily be made online.

Wallet Offers at Letzbank

Letzbank has collaborated with various wallet companies to bring exciting offers and benefits on the use of mobile wallets. To find the best wallet offers, click on OFFERS located at the home page of the website. You can select the wallet option from the offers page and find the best wallet offers that are currently trending.

Some of the trending mobile wallet offers at Letzbank website are from Mobikwik for payment of utility bills, food and restaurants, etc. You can also find maximum cashback when you use Freecharge to pay your bills. ICICI Pockets is another wallet service that is trending on Letzbank website with attractive offers on purchase at leading ecommerce websites. Oxigen, PayTM, Payzapp, Citrus, etc. are some other digital wallets that are offering attractive discounts at Letzbank website. So go ahead and find the best offers on use of mobile wallets only at Letzbank website!

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