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TranServ’s Udio wallet offers physical VISA cards for offline transactions

Our Digital Payments coverage is brought you by Chillr: India’s 1st multi-Bank instant mobile payment app enabling fund transfers to anyone in your phonebook. Digital payments company TranServ has launched mobile walled called Udio. The company has partnered with Ratnakar Bank (RBL) to offer physical VISA prepaid cards as well, letting users use the wallet for offline payments. The VISA card can be availed for in a section called ‘My Udio Card’ in the wallet. Here, users can order a new card by providing their details like name, address etc, post which the card is mailed to the user. Applying for the card costs Rs 99. Once received, users need to activate the card before they can start using it. The VISA card balance is linked to the wallet balance, with the app displaying transaction history, balance etc. The card…

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