No cash in hand? – Here are the best offers on Digital Wallets in India

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While it is impossible to live in India without cash in hand due to several limitations, it is important to utilise Digital Wallets to their full potential especially at a time like this where Rs 500 and Rs 1000 notes have become redundant. Here are some of the best offers from that various digital wallets out there that will help you save your money.

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Google acquires mobile payment company Softcard to boost mobile wallet

Google has officially acquired, mobile payment solution company Softcard following reports last month. Softcard is backed by Verizon, AT&T, and T-Mobile. Financial terms of the deal were not disclosed.

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Apple reportedly teams up with Visa, AmEx and Mastercard for iPhone Wallet

Apple finally sent out press invites for an event on September 9th where it is expected to announce the iPhone 6. Now, fresh reports are claiming that the company has signed up with major mobile payments players for an iPhone wallet.

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Google considering sharing revenue with carriers to stimulate Wallet adoption

Reports suggest that Google might be considering sharing revenues from Google Wallet with AT&T and Vodafone to help stimulate usage. The service currently only works on one network and device ie the Sprint Nexus S 4G. Sprint plans to out 10 more Wallet supported devices later this year.

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Google Wallet security holes affect both rooted and stock phones

Recent investigation has unveiled glaring security holes in the Google Wallet NFC payment service which lets a person gain access to the secret Wallet pin. While it was believed that only users with rooted devices were threatened by this security lapse , further investigation shows that even  stock devices are at risk.

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