Bharat Sanchar Nigam Ltd (BSNL) plans to introduce mobile wallet (m-wallet) over the next two months with State Bank of India as its banking partner.
ôWe expect m-wallet mobicash to be rolled out over the next two months. BSNL has chosen SBI as its banking partner in the project,ö BSNL CGM (Calcutta Telephones) Amit Bhattacharya said here today.
BSNL officials said its m-wallet will be different from others as money can be withdrawn for any unutilised fund and allow withdrawal from SBI ATMs.
ôAs of now, we don't now know how authentication will happen to withdraw money without ATM card and SBI account but there will be a process that would be known shortly how it can be done,ö Bhattacharya said.
Mobicash Wallet mobile user can pay for various services such as recharge of prepaid cards and mobile/utility bills, book film tickets and shop online. Besides, one can transfer money using the service.