True Balance, an app on Google Play for managing multiple prepaid balances and recharges in a single application is the latest entrant into the wallet space.
The app allows users to recharge their phones from within the app
True Balance, an app on Google Play for managing multiple prepaid balances and recharges in a single application is the latest entrant into the wallet space.
They had got a nod of approval for launching a wallet from RBI earlier this year. This wallet will allow users to add money, do faster recharges and also do peer to peer money transfers. Moreover, it will also enable users to transfer wallet money to one’s bank account.
This app has been in the space of letting users manage their phone bills; know their data consumption, mobile balance and next due recharge date and so on. It also offers ‘One click- recharge feature’, enabling easy recharge on its platform. The launch of wallet feature sees the app make progress from a “balance check app” to a “bills check and payment app.”
Plus users can get cashback offers when they recharge through the app and refer others.