Tag

E Wallet

All articles tagged with #e wallet

Pyongyang’s Elites Embrace Smartphones Amid Tight Digital Control
world1 month ago

Pyongyang’s Elites Embrace Smartphones Amid Tight Digital Control

North Korea’s capital hosts a growing cadre of smartphone users who access a state-controlled intranet with hundreds of apps—enabling online banking, QR payments, ride-hailing, and on-demand video—while internet access remains blocked for ordinary citizens and cross-border connectivity relies on risky Chinese networks; the expansion reflects elite urban development and increased government supervision over a digitizing economy.

"Paytm's E-Wallet Crisis: Impact and Future Outlook"
businesstech2 years ago

"Paytm's E-Wallet Crisis: Impact and Future Outlook"

India's government has effectively shut down the e-wallet service Paytm, used by over 300 million people, due to its parent company's bank failing to prevent money laundering. Users can no longer add funds to their wallets and have until March 15 to transfer balances to rival e-wallet products. The Reserve Bank's actions reflect the government's push to shrink India's cash economy and combat financial crime, despite Paytm's massive adoption and local popularity.