BSNL launches M-wallet
The Bharat Sanchar Nigam Limited in association with the State Bank of India has launched a ‘M-wallet’ for its mobile phone customers.
The facility enables users to carry out transactions from their mobile phones with ease without any bank account, according to a BSNL press release.
BSNL customers can download the app, SBI Mobicash, on their smart phones and those who do not have smart phones can use the facility through SMS (short message service).
The M-wallet users can deposit money into the wallet through payments made at any BSNL retailer.
They can then use the wallet for various purposes such as recharging their pre-paid connections and paying landline or post paid bills.
Facilities for payment of electricity bills and water charges through the facility would be introduced shortly.
Transfer of money from wallet to wallet and from wallet to the SBI account or other bank accounts could also be done through M-wallet.
The facility would be available to BSNL customers in Tiruchi, Karur, Pudukottai, Perambalur and Ariyalur districts progressively within a month as retailers are being covered, the release added.
Source:The Hindu
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