In the wake of demonetization, technology has become key to financial transactions. And, the mobile wallet is becoming a major vehicle to the new cashless way of life. To facilitate bigger transactions, the Reserve Bank of India has recently increased the limit of the mobile wallet to Rs 20,000 a month. The Securities and Exchange Board of India is also likely to allow mutual fund investments through e-wallets, say reports. Amid all this action, it is important for consumers to be more careful in the way they use this mode of payment. To a large extent, the safety of a mobile wallet depends on the way a user manages his phone. Popular…