Mumbai August 2, 2016: Leading player of digital payment industry -- Transerv -- has recently launched Udio, India's first social mobile wallet.
It seamlessly integrates the social aspect with the secure and swift digital solutions. It comes with a facility of a physical prepaid visa card that can be used for payments both online as well as offline. It is best for the people who don't like entering their debit card PIN in public.
Udio has received 5,00,000 downloads in just a span of one month. It is the easiest user interface which has really interesting features and also a bigger merchant base.While more and more businesses and consumers begin embracing mobile payments, it would be unwise to ignore the world of plastic cards. The ability to attach a card with the mobile wallet ensures that Udio Wallet has a ubiquitous acceptance.
Udio can be used to access wallet money at any online or offline retailer that accept cards as a mode of making payments. This integration makes the wallet money interoperable across online and offline channels whilst at the same time granting users greater flexibilty of usage.
Transerv was started in 2010 by a bunch of senior banking professionals.