With the advent of the Internet and online banking, gone are thedays when you needed to rush to the nearest store for recharging your mobile or to the electricity office every month forpaying your bill.
There are a multitude of ways including banking websites or recharge apps like Paytm and Mobikwik. to conveniently pay for such things.
But what if you want to transfer money to your friend forthe last week’s party or the movie you watched together? Either you have to meet to hand over the dough or visit your bank website or app, then add your friend’s account as beneficiary ( which usually takes up to 24 hours) and finally transfer the required amount.