Last updateMon, 23 Jul 2018 5am

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India moving ahead of time to a Digital Economy

Digital experts forecast that by 2030 there will be around one billion online users in India or even earlier. This will increase the e-commerce business that is already in the realm of expansion. 

Over the last few years, India has already become the hub for online portals like Amazon, Facebook, Uber, travel portals like make my trip, etc. E-commerce has set a move in Indian economy with the increased internet and mobile usage that enables online payments and shopping swiftly.

For around 40% of Indian population, mobile and online portal is the fastest means to shop,recharge and pay utility bills, by travel tickets etc. Online portal also offers discount and cash back to the customers. E-commerce helps to attain faster financial developments through digital wallets. Digital wallets facilitates pay money, receive money and get connected with all merchants at a greater pace.

UAE Exchange India has its Mobile App, XPay Cash Wallet to create a cashless economy,for all citizens as well as the merchants.It can be shared to others through almost all sharing devices and facilitates in paying or receiving money in seconds between same wallets. It is simple to use. Just download, register and use it to receive or pay money and help the country to attain its aspiration of a complete Digital India.

V George Antony

Managing Director

UAE Exchange India



+2 #1 Rajeev V S 2016-03-29 11:18
To be part of financial inclusion and cash less economy xpa cash wallet is a good alternative indeed.

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