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Transfer money from one mobile wallet to another soon

Megha Jain

Content Head

Soon, people will be able to transfer funds from one e-wallet to other as RBI has decided to allow facility of inter-operability within six months. But this facility will be available to KYC compliant users. RBI will revise this norm on 11th of October. The move expected to be part of digital payment revolution in India but still people prefer other options like net banking, debit and credit cards over digital payment.