There are many digital wallet or eWallet providers in India. It is also called as mobile wallet. These are mostly offered by banks (E.g. ICICI Pockets) or other online organizations (E.g. Paytm). Most of organizations offer their mobile wallet to all people. You do not need to be their existing customer. Now why people want to have eWallet and the answer is very simple, because If you have eWallet then
- You do not need to carry cash every time
- You can fill your wallet by using internet banking facility
- You can enjoy high level of online transaction security
- You can get attractive rewards discounts and coupons
I already have a mobile wallet. But as SBI is biggest bank in India, its penetration in Indian market is great and it has large customers base. So if such bank is offering eWallet to all Indian nationals then everyone like me who use to do transact online will always check its features and benefits.
SBI Buddy is a mobile wallet application. Accenture is its technology partner and MasterCard is its service partner.Its a prepaid wallet. So you need to download app and register it and load money in your wallet before using it.
Why you will have SBI Buddy mobile Wallet?
Nobody will try anything new if he could not find anything better and exciting within that. So SBI Buddy mWallet offers some exciting features along with it.
|Features of SBI Buddy mobile wallet|
India is a multilingual country. There are many people who can only speak their mother tongue. So SBI is offering one mobile wallet app in 13 languages. These are Assamese, Bengali, English, Gujarati, Hindi, Kannada, Malayalam, Marathi, Oriya, Punjabi, Tamil, Telugu, and Urdu
Now you want to send money to your friend. So you just need to select from your contact or Facebook friends and send the money to your friend by using your security PIN.
Suppose your friend took money from you, now you want to ask that money. You do not need to call him or make a note in your diary. Sometime you may need money for your personal requirement. You just ask money (or send reminders) from your friend by using SBI Buddy special feature Ask Money.
Recharge your mobile, DTH etc is very easy and instantaneous with your SBI Buddy.
You can pay your bills (electricity, phone etc) instantly with your SBI Buddy.
Flight and a hotel room booking is very convenient and fast. Transaction is secured.
Young people are generally doing online transaction very frequently. So they must use eWallet. As they love to watch movies in theaters with friends and others, so SBI Buddy also added easy and convenient way of movie tickets booking feature.
Is it difficult to use? Who can use this mobile wallet? How does it work? All those questions come in our mind at very beginning before going for downloading such app.
Who can use SBI Buddy mobile wallet?
You have to fulfill these three criteria to register for this mobile wallet
- You are an Indian national
- You must have a mobile number
- You are more than 10 years older
How does SBI Buddy work?
- Download SBI Buddy app from Apple App store or Google Play store
- Now you need to register / sign up by using your mobile number (mandatory), email id (optional) and set up a PIN or you can use Facebook Connect option
- You will receive an OTP on your mobile
- Enter that OTP correctly by three trials and answer a selected security question
- Add money in your mWallet through net banking, debit card or IMPS (Immediate Payment Service) via MMID (Mobile Money Identifier) and mobile number
Is SBI Buddy difficult to use?
SBI Buddy mWallet or eWallet is very convenient and easy to use. You can download it very easily and register it within few minutes. If you lost your PIN then you can block your wallet and after blocking if you want to unblock it then also you can do it.
But still if you feel that it is difficult to use or you face any other issue then you can close your wallet (your wallet balance must be zero in such case)
If you are using SBI Buddy mobile wallet and using it then you must comment here. Your comment will help me to know more about it and readers will get a complete picture of it.