India's first e-wallet launched

MUMBAI: TimesofMoney has launched a new product, 'Wallet365.com' - India's

first e-Wallet. Bollywood star Amitabh Bachchan launched this service.

Wallet365.com enables secure electronic payments between people and

businesses easily and instantly. Signing up with Wallet365.com is free and all

one needs is a valid email ID. The product is in association with YES BANK, who

will provide the payment and banking services.

By signing up with Wallet365.com users can send money to anyone, receive

money from anyone, or make payments to businesses. Wallet365.com will ease

payments for online shopping and payment of utility bills. Using Wallet365.com

the user can store money electronically.

Wallet365.com is safe and secure for its users. It is 128 bit encrypted and

VeriSign certified. Customers are often averse to e-commerce and using credit

cards online fearing financial loss. Wallet365.com takes e-commerce beyond

credit cards and all financial details are protected during transactions.

Customers can use any bank account on Wallet365.com.

To facilitate online shopping and paying bills, Wallet365.com has signed-up

with over 100 merchants. Users can shop online at leading e-shops and also pay

utility bills and donate money online.

Vineet Jain, managing director, Times Group commented, “Wallet365.com will

energize, catalyze and revolutionize e-commerce like never before. Going beyond

credit cards, it will take the fear out of the user's mind and will drive

people to make more and more transactions on the Internet.”

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