In the age of Demonetization it may be Good news for those internet users who are using Mobile wallets Like Paytm app , Freecharge app , Mobikwik app or any other E wallet to initiate the Money transaction online. According to the new Guidelines of Reserve bank of India You can transfer up to 50000 rs at a time by using any virtual wallet app without paying any additional charge .
We can call this the demonetization Effect of Rs. 500 and Rs. 1,000 notes No one have enough Big notes to pay money anyone. That’s why most of Person’s are moving to Cashless economy where we don’t have to Give the actual cash from our pocket to others .
We can use Online banking , Debit cards & credit cards to pay on online shopping Stores . We can also used the The online Mobile wallets to pay others . Now the Bank of banks RBI is make a decision which will be Much Helpful to us , Now we can transfer more double amount to make the payments .
According to the Reserve bank new move A eWallet user can Transfer up to 50000 rs a time to anyone which was Previously 10000 rs . They also increase the amount of wallet limit and now its 20000 rs .
However this will be Effective only till the ends of the year .
Do you know The most of Major online Wallets Like Freecharge , Mobikwik & Paytm is not charging any single amount . So its a Good alternative if You want to make the offline Payment due to non availability of Notes ,
You Can Follow up any Guide to Transfer amount to others bank account . Just you need to have Debit card , Credit card , Net banking account to pay Securely .
How to Pay / Transfer Upto 50000 rs using Paytm , Freecharge & Mobikwik ?
You can Follow up any one Guide according to Your Faverite online mobile eWallet –
- How to Transfer Paytm wallet Cash to bank account or Another paytm wallet.
- How To Transfer FreeCharge Credit In Banck Account in few simple steps.
- How to transfer money to bank account from Mobikwik wallet.
Hope its Helps you to Survive in the Time of Demonetization . If you have any Question then mention it in Comment section.