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- TranServ launches Udio mobile wallet
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Udio​ is different from other mobile wallets such as Paytm, Oxigen or Citrus in a way that while other mobile wallet players depend upon cashbacks and discounts to drive consumer adoption, TranServ's Udio wallet brings the user experience​. The company said in a statement that browsing through the wallet is fun and interactive just like a social medium platform, while wallet users can engage with each other through social transactions such as splitting bills, sending/requesting money, and group payments. With functionality of social gifting married with location and context​.