Many people use Semi-Closed E-wallets to perform their transactions. Though these do not allow cash withdrawal or redemption, they can be used for various purposes like paying utility bills (electricity, water bills, etc.). They can be used to pay for your purchases from the merchant sites that have a specific contract with the issuer of such e-wallet. The examples include: PayTm,…
Read MoreAll you need to know about Semi-Closed E-wallets
