Vodafone and ICICI bank roll out ‘M-Pesa’ to Haryana

16th January 2014 | By Mouseworld Now Correspondent |

New Delhi, India, January 16, 2014: Vodafone India, one of India’s leading telecommunications service providers and ICICI Bank, India’s largest private sector bank, has launched ‘M-Pesa’ – a mobile money transfer and payment service in Haryana. ‘M-Pesa’ is the trademark of Vodafone. The service was formally launched by senior officials from Vodafone India viz. Rajiv Kohli, Operations Director – North, Tejinder Khurana, Business Head – Haryana and Suresh Sethi, Business Head –M-Pesa.

‘M-Pesa’ empowers the unbanked and under-banked sections of the population gain access to financial services via the mobile phone. ‘M-Pesa’ effectively leverages the combined strengths of Vodafone’s global expertise in the domain of mobile payments and significant distribution reach in India plus the security of financial transactions provided by ICICI Bank. This service will now be available across 62 Tehsils, 21 Districts through 1073 specially trained authorized agents and across 110 Vodafone exclusive retail mini stores in Haryana.

The use of mobile technology makes it possible for customers to enjoy a fast, simple and secure way to transfer money and make payments. Using their ‘M-Pesa’ account, customers can at their convenience, deposit and withdraw cash from designated outlets, transfer money to any mobile phone in India and remit money to any bank account in India. Customers can also make payments to recharge mobile, clear utility bills and for DTH service subscription, shop at select shops, and participate in e-commerce/m-commerce.

Tejinder Khurana, Business Head – Haryana, Vodafone India said, “Vodafone is always at the forefront to introduce innovative products and services that enrich the lives of our customers. We are delighted to bring to Haryana, ‘M-Pesa’, a world class mobile banking service, in partnership with ICICI Bank. ‘M-Pesa’, is a safe, secure and convenient service to transfer money and make payments beyond the reach of traditional banking channels. For households where the earning members migrate to larger cities for earning livelihood, ‘M-Pesa’ will be the best way to send money back home to their families.”

 

© Mouseworld Now News Service

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