Yes, E-Wallets are better than cash: How to setup and use e-wallets.
There is chaos on the street, in the banks, ATMs and petrol pumps. We expect the scene to remain the same for coming days or weeks. But there is an easy way out of this, especially for all those who have a smartphone. Tuesday, November 8, was a usual day till about 8pm in the evening when PM Modi said that Rs 500 and Rs 1000 currency notes will cease to be legal tenders from the midnight in India. That was the midnight of November 8. What followed that decision, presumably made to fight black money, has been a blurry slideshow of long queues outside ATMs, petrol pumps and just about everywhere. While many smartphone users are aware of mobile wallets and are probably using them, many are not. And even those who are using mobile wallets probably don't know all the uses of these apps at present. If a mobile wallet like Paytm is used to its full potential, you will not even need to carry cash, except for some situations. If you think it is an overstatement, keep on reading...
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