MobiKwik

The Indian mobile wallet market has been increasingly growing. Indian consumers are moving away from using cash and relying on the mobile wallets and other digital payment options.

The 22-year-old college dropout from Ahmedabad then immediately notifed IRCTC about the flaws in its website that let him do so!

The IRCTC will roll out 'Ipay' after successful testing.

The biggest beneficiaries of demonetisation perhaps have been mobile wallet companies. With India currently having a smart phone user base of over 300 million and increasingly cheaper data plans – mobile wallets are doing very well.