India’s Paytm announces toll-free mobile number to serve offline users

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India’s Paytm app, which recently reported more transactions on its platform than all plastic cards combined in the country, has found a way to further bolster its reachability. 

The ecommerce player announced Wednesday a toll-free interactive voice response (IVR) number that users with any kind of phone — be it a feature phone — can dial in to make use of Paytm’s digital wallet service. The toll-free number for the IVR service is 1800-1800-1234.

When a user dials in the number, they are asked to create a security code (Paytm PIN), which once set allows them to enter the registered mobile number of the person to whom they wish to send money.  Read more…

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Clever coin-sorting wallet is practically magic

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One of the most frustrating things about cash is having to fumble at the register, digging through your wallet for coins.

A clever new wallet design promises to handle that for you. Just dump a handful of notes and coins into its larger note compartment, and with a shake, the coins get sorted into a separate coin pouch.

This eliminates that awkward dance most people do at checkout, where you try to drop your coins into a typically small coin compartment, before slipping your notes into another.

The Kin wallet comes from three Singapore designers, and is about to become a reality through Kickstarter. The wallet raised S$274,554 ($191,989) of its humble S$4,000 ($2,797) goal in a month from over 4,000 backers. Read more…

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