Abhibus, a bus ticketing portal has launched its wallet service named ‘abhicash’. Customers cannot deposit money directly into the abhicash wallet but can transfer funds from one registered user to another. Rewards, refunds, offers are instantly credited to the wallet account.
According to Biju Mathews, COO of Abhibus, The company aims to be more reliable to its customers by providing quicker refunds from a failed or cancelled transaction through abhicash.
The company currently gets 40% of its transactions through its mobile app and expects more bookings through this medium.