Electronic wallets or e-wallets refer to wallets that can be used with the help of electronic means such as mobile phones. These wallets replace physical wallets. A user can make cashless payments through online as well as offline means. He or she will need to download the e-wallet app on their mobile phone and utilise it to make transactions. These e-wallets can be utilised for mobile recharges, utility bill payments, grocery stores, e-commerce portals, etc.Many digital financial tools offer attractive offers and discounts when people make use of these tools. These are very helpful and new to the economically underprivileged sections of the society. They can enjoy offers, receive cashback options, and rewards. These incentives will help a user save a lot of money.

Retail trade, except of motor vehicles and motorcycles; repair of personal and household goods

Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.