Besides, technology roles will now open up as these companies rush to meet the surge in transactions and there is likely to be a huge opportunity in other functions such as sales and marketing as well. "We have observed unprecedented growth. Our user base has grown to 40 million and we have added 1,50,000 merchants, which makes us directly available at 2,50,000 retailers now," Mrinal Sinha, Chief Operating Officer at MobiKwik, said. People should ensure websites with which they transact financial business are secure and they should create strong passwords and monitor bank statements regularly. "While on-the-go tools such as mobile banking apps and digital wallets make managing financial tasks easy, one must also take necessary precautions and follow best practices while accessing sensitive financial information anytime, anywhere," Chopra said.

Source: Economic Times December 04, 2016 06:44 UTC