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⍰ ASK Why are EMI accounts becoming more popular?

EMI accounts, also referred to as electronic money institution accounts, are experiencing an increase in popularity as a convenient substitute for conventional banking services. These alternative financial institutions offer a range of services such as transaction handling, digital wallets, and preloaded cards. Their adaptability and availability make them attractive to a broad spectrum of users. Nevertheless, the lack of mobile application integration presents an obstacle for individuals who require on-the-go management of their accounts.
 

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