Money transfer India

Interbank Mobile Payment Service in India

Posted on March 06th, 2011 in IMPS India, India Shares, indian bank mobile transfer, Interbank Mobile Payment Service, mobile handsets india, mobile inter-operability, Mobile Microfinance, mobile phones, Money transfer India, National Payments Corporation of India, Online Money Transfer, paypal india transfer, send receive money

interbank mobile payment indiaIn November 2010, the National Payments Corporation of India had launched the Interbank Mobile Payment Service (IMPS). IMPS is an instant, 24 x 7, inter-bank electronic fund transfer service which is available 365 days of the year. The below video gives a demonstration about how an individual can receive and send money through his mobile [...]
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Western Union Money Transfer reports Quarterly Results

Posted on July 27th, 2010 in Christina A. Gold, Company Results, financial services, India Shares, Money transfer India, prepaid cards, Remittances, Send Money to India, Western Union India, Western Union Money Transfer

western union money transfer resultsRevenue of $1.3 Billion. EPS of $0.33, or $0.36 Excluding Restructuring Charges.Company Raises EPS Outlook. Also ties up with Bandhan Financial Services, a microfinance company in India with over 800 locations across the  country, The Western Union Company is a financial services and communications company based in the United States. Until it discontinued the service, [...]

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Tata Indicom and Mchek receive grants for Mobile Microfinance from GSMA

Posted on May 29th, 2010 in Bill and Melinda Gates Foundation, GSMA, India Shares, Indian Mobile Market, mChek, MMU, Mobile Microfinance, Mobile Money Unbanked Fund, Mobile Payments, Money transfer India, Tata Indicom

tata-mchek-mobile-moneyThe GSMA MMU Fund funded by the Bill and Melinda Gates Foundation has announced the details of a further seven grantees from the Mobile Money for the Unbanked (MMU) Fund.New grantees are Cellcard in Cambodia, Digicel in Fiji, Orange in West Africa, Safaricom in Kenya, Tata Indicom in India, Telenor in Pakistan and Tigo in [...]

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The power of mobile money – Economist Special Issue

Posted on October 20th, 2009 in Economist Mobile Money, India Shares, M-PESA, Mobile Microfinance, Mobile Money Microfinance, Mobile Money Transfer, Mobile Technology, Money transfer India

The economist had a special issue on mobile money in the developing countries -Dated September 24th,2009
Given below are some excerpts and links to the articles.
The power of mobile money
Mobile phones have transformed lives in the poor world. Mobile money could have just as big an impact
Once the toys of rich yuppies, mobile phones have [...]

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