India Post has decided to unveil its new mobile money order service with a pan-India launch.
Some months ago the news was out as India Post tied up with Bharat Sanchar Nigam Linited (BSNL) to start the plan on the mobile money order service. BSNLwill be acting only as the technological partner and its not mandatory for users to be a user of BSNL.
The plan ensures that there will selected post offices with mobile phones equipped with the application. Once the sender comes to these post offices to deposit money, they will need to give provider’s details. This in return they will get a 16 digit transfer code on his or her mobile and can then send the recipient with a SMS.
Right now the services are available in two states- Bihar and Punjab given the fact that the number of immigrant workers are many. This information was revealed by Manjula Prasher, secretary (Posts), chairman of the postal services Board and director general of India Post while the National Postal Policy 2012 round-table was going on.
Source : http://www.watblog.com