Currency ban contributes to the growth of wallet services of Airtel, Vodafone India, and Idea Cellular: Report
The currency ban has benefited telecom operators in numerous ways, primarily via creating an increase in their mobile wallet transactions. Among the operators, three major telecom players – Airtel, Vodafone India, and Idea Cellular – are estimated to witness a 40-50% surge in mobile wallet transactions, reports Economic Times (ET). “The withdrawal of Rs. 500 and Rs. 1000 notes will create a sizeable increase in the revenue of the telecom... Read More
