Thanks to the vision of a cashless economy, the online banking sector is booming. A few years back, a simple transaction would take an hour or more to go through. NEFT, RTGS, and later IMPS were the main players for online transactions. In an effort to facilitate easier and faster online transactions, UPI apps were introduced to the market.
Mobile applications like Paytm, PhonePe, and Google Pay were some of the first apps to be launched. Now you can just link your bank account with your UPI ID and start transferring or paying money online in just a few seconds. From people skeptical of using a UPI app for high-value transactions to people mostly preferring online UPI payments, online banking has transformed drastically.
Another such effective and easy payment mode is the Mobile Wallet app. Most of the UPI apps these days have their separate digital wallets for quicker payments.
Before getting into more details, let’s first understand what a mobile wallet is.
What is a mobile wallet, and why is it quicker than UPI transactions?
A mobile wallet is similar to your normal pocket wallet. The only difference is that it is digital. As you take out money from your bank account using an ATM and a unique PIN and put it in your physical wallet for your expenses, similarly, for a mobile wallet, you transfer the money from your UPI linked bank account using your unique PIN to your mobile wallet for quick transactions.
Now, making any transactions using the mobile wallet doesn’t require users to enter a PIN. Thanks to the elimination of the PIN verification process, the transaction is quicker and easier.
Choose the right mobile wallet app for yourself
Currently, there are many digital mobile wallet apps in the market. But as a user, you should opt for one that is safe and secure. As mentioned above, transactions made by a mobile wallet don’t take authorization before a transaction in the form of a PIN or OTP. Therefore, it becomes highly important that you maintain your digital wallet with a trustworthy money wallet app.
Airtel Money Wallet app: secure and credible
As we all know, Airtel is one of the leading telecom operators in the country. Given that it caters to a humongous number of users, their banking system is credible. Moreover, Airtel Payments Bank is RBI approved. Therefore, all the transactions made using the Airtel UPI and Airtel Money Wallet are totally secure.
If you are an Airtel user, you can activate your Airtel money wallet and start using it today. Here are the steps involved to add money to your mobile wallet on the Airtel Thanks app.
Steps to add money to Airtel Money Wallet
It is extremely easy to use the Airtel Money wallet. Follow the below steps:
To open Airtel Money Wallet
- Download the Airtel Thanks app.
- If you don’t have the Airtel wallet activated, you need to activate the same. You will see a ‘Get Wallet’ option on your home page. Click on it.
- Fill in your relevant details like name, DOB, email ID, Pin code, ID proof, document number, and your mobile number. Click the checkbox to authorize the KYC and hit on ‘Continue.’
- You will receive an OTP on your mobile number. Please fill it in.
- Your Airtel Wallet will be ready to use.
To add money to Airtel Wallet
- Head over to the ‘Pay’ tab in the app.
- Click on ‘Add Money’ and enter the amount you wish to add to your wallet.
- Now enter your mPIN and hit proceed.
- The amount will be added to your wallet.
Use the Airtel Mobile Wallet to pay for your recharge, utility payments, subscriptions, and more.
