Vodafone India, ICICI Bank roll out M-Pesa service

Wednesday 23 April 2014 13:28 CET | News

Telecom operator Vodafone, in collaboration with financial institution ICICI Bank, has completed the pan-India rollout of M-Pesa, a mobile money transfer and payment platform, with the launch of the service in the Andhra Pradesh market.

The mobile wallet platform enables to deposit and withdraw cash from designated outlets, transfer money to mobile phones or remit money to bank accounts in India, make payments to recharge mobile, clear utility bills and for DTH service subscription.

With this launch, M-Pesa is now present across 60,000 agent outlets, covering over 1.2 million customers pan-India. In Andhra Pradesh, it will be available across 23 districts through 3,826 authorised agents, including over 700 Vodafone exclusive stores.

In recent news, mobile operator Vodafone Romania has launched an M-Pesa mobile payments service.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Vodafone India, ICICI Bank, M-Pesa, mobile payment service, utility bills, payment platform, India, Vodafone
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce