Friday, September 10, 2010

The concept of Digital Wallet


The concept of Digital Wallet is no not new to countries like Japan.Brazil where people pay their bills through their mobiles.The same concept in India has been desgined by Sam Pitroda with some changes to it.This mobile transaction platform could be the next big thing if it attains popularity among all the sections.As far as India is concerned pople still prefer to shop rahter than purchasing things online due to securit fears.With a secure transaction gateway,this digital wallet works like a mobile money by which people can pay their bills by selecting a menu in their mobile phones.This can be huge hit in India since a large number of people have started using smartphones.Sam Pitroda's digital diary is a big hit and hopes this concept also works out on a larger scale.

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