Unified payments system to make mobile wallets redundant:Report

[zprogrammer]

http://www.moneycontrol.com/news/busine ... ef_article

[Anuj Dhawan]

"Mobile banking has taken the country by storm, growing by 212 per cent growth in value terms in February 2016 over the same period in 2015 and by 131 per cent in volume."

My understanding was that "Mobile Banking" is a different animal than "mobile wallet"! I do agree to the point that Mobile Banking in India is seeing a growth but mobile valets are still catching up, no?