BSNL launches mobile wallet for its subscribers in partnership with MobiKwik

Ausiliatrice Cristiano
Agosto 20, 2017

All subscribers of BSNL will be able to use the digital wallet at more than 1.5 million merchants across India. It will only be available to its 100 million users.

Joining the Digital India bandwagon, state-run Bharat Sanchar Nigam (BSNL) unveiled a mobile wallet in partnership with Digital Payments startup MobiKwik. "BSNL wallet will enable masses in paying bills, recharging their phone connections and paying for their daily purchases, within seconds".

Well, after Paytm, MobiKwik is the next e-wallet giant in the industry and its collaboration with the Indian telecom player BSNL will together change the layout of the new digital India.

Launching the digital wallet, telecom minister Manoj Sinha said, "With this co-branded wallet, the ease of payment will be extended to all the customers while equally strengthening financial inclusion in the rural hinterlands, which often get neglected".

The wallet has been developed and issued by MobiKwik on behalf of BSNL.

According to a release, the app enables Fastest Online Recharges, Bill Payments, Shopping and Bus Booking. BSNL is elated of coming in partnership with MobiKwik and terms it as a right step in a progressive direction. Also, the BSNL launched mobile payment app is aiming at creating a seamless network of digital wallet service providers to its already existing 100 million subscribers.

BSNL is a very big company.

But, this partnership is significant as the tie-up is with a mobile wallet and not with a financial company to launch a wallet that has their own name and will help them reach out to their customers better.

MobiKwik was started by Bipin Preet Singh and Upasana Taku in 2009. It offers facilities like fund transfer, mobile recharge (BSNL Pre-paid), bill payment (BSNL landline and Post-paid), balance enquiry and mini statement.

The services for the BSNL Wallet will be rolled out in phases. As early as July 2015, it had launched mobile wallet SpeedPay, which is linked to a mobile number.

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