Obopay is a pioneering service that lets consumers and businesses purchase, pay, and transfer money through any mobile phone using Obopay’s mobile application or text messages. It empowers consumers and businesses with the convenience of secure, speedy and mobile payments. […]
The joint technological venture of India Post and Bharat Sanchar Nigam Limited (BSNL) — moble-based money transfer service — was launched by the Union Minister of States for Home Affairs and Communications and Information Technology. BSNL already have web-based money transfer […]
Monitise launched its first mobile money services in India to help give mobile phone owners ease of use and a higher degree of convenience, through design interface. It is developed for Standard Chartered Bank’s Breeze brand and is compatible with more than 700 handsets. […]
Visa Inc. announced a new person-to-person (P2P) money transfer service for U.S. consumers. According to the announcement, consumers of participating banks will be able to send and receive funds anywhere in the world through eligible Visa-branded cards.
National Payments Corporation of India (NPCI) reduced the switching fee for Mobile Money Transfers using the IMPS from 25 paisa to 10 paise for successful transaction to the remitting bank. It will be effective from 01 April 2011 to until the end of next fiscal year 31 March 2012. […]