Thursday, August 24, 2017

How to do online shopping with mRupee wallet?

If you know about m wallet or digital wallet then you can understand features and benefits of mRupee wallet very easily. Nowadays people prefer cashless shopping by using a debit card or credit card. They are doing online shopping with their cards. Many new online stores are coming each day with their new products and offering exciting deals. So smart people love to do online shopping and save their money. But when you are habitual in online shopping with your debit card and credit card, then it is difficult to control your monthly expense and you will always have fear of online fraud. That is why people started using a mobile wallet for shopping where you can load money and spend that money for shopping, ticket booking, bill payment, money transfer etc. So your risk due to online fraud is limited (Upto loaded money). You can control your expense by loading your wallet with fixed monthly or weekly amount. There are also many such mobile wallets offered by banks or companies like SBI Buddy, ICICI Pockets, Oxigen wallet, HDFC PayZapp, Paytm wallet and many others. So why you should use mRuppe wallet? What are the benefits of mRupee? How does this work? Those are obvious questions which will come in your mind at first of anything. Right?




What is mRupee wallet?

mRupee is a brand name of flagship product (Mobile Money Order and Semi Closed Wallet)  of MMP Mobi Wallet Payment Systems Limited (MMPL). MMPL is a fully owned subsidiary of Tata Teleservices Limited. MMPL is authorized by RBI to offer semi closed mobile wallet to their customers. mRupee not only offer mobile wallet but also offer Mobile Money Order service with ICICI bank as the principal bank.


What are the services offered by mRupee?

MMPL offers various services under the brand name mRupee. You can send Mobile Money Orders to your family & friends. You can also use your mRupee wallet to book your tickets, shop online and pay bills.

mRupee Mobile Money Order is very easy, safe, secure & convenient way of transferring money to any bank account and for doing so, you do not need to submit any document. You just need to have an active mobile number (any operator) and visit mRupee store. mRupee store agent will ask for some basic details of yourself and your beneficiary's details. You just need to provide OTC (One Time Code) which you will receive at your mobile phone. But remember that you need to pay for this service. I will not discuss more on Mobile Money Order here as this post is for discussing more on online shopping experience with mRupee wallet. To know more about Mobile Money Order, you should visit the official website of mRupee or ICICI bank.


How to do online shopping with mRupee wallet?


First, you have to register yourself at www.mrupee.in. For any transaction with your mRupee wallet, you need to have adequate balance amount in your amount. So you need to load money in your wallet. By using a debit card, credit or net banking users can load their mRupee wallet very easily.


 

MMPL has a partnership with many other merchants and vendors which enable users to recharge their mobile phones, purchase online tickets for flights & buses, pay phone bills (postpaid mobile phone, landline) & utility bills (DTH, gas, electricity, water etc). You can do online shopping on its partner's websites. You can book hotel rooms also with your mRupee wallet.

MMPL has partnership with Oxigen wallet which enables this to buy tickets, pay bills and recharge phones etc.


Pros of mRupee wallet


  • Convert your smart phone to mobile wallet or digital wallet
  • Easy to load money by using debit card, credit card & net banking
  • Transfer money to any mRupee wallet
  • Do online shopping, pay bills, recharge mobile phones, book hotel rooms, purchase flight tickets & bus tickets
  • Safe and secure transaction by using mPIN & OTP
  • Check wallet balance & transactions history anytime and anywhere
  • Get exciting deals and offers from its partners' websites

Cons of mRupee wallet


  • It is a semi closed wallet which means you can not withdraw or redeem your loaded amount in future
  • You can only use that loaded money at its partners' site or for paying selected merchants or operators bills
  • Some users reported for its up gradation issue like it is always asking for up gradation whereas users are using latest version of the wallet (app)

All these mobile wallets are technology driven and providers always try to offer more features by partnering with other merchants and vendors. So it is always advisable to follow user's comment to know latest issues and features.

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