» Subscribe to Newsletter
» Switch to BizTech2.com
Home » News » Mobile Phones Mobile » IDEA Offers International Cash Transfer Via Mobiles
IDEA Offers International Cash Transfer Via Mobiles
By: Tech2.com News Staff   |   May 08,2008
IDEA Cellular has launched a pilot with TATA Communications, Etisalat and HSBC India, for a mobile phone based, money remittance service to its subscribers in India.

As part of this service, UAE-based Indian immigrants can transfer money to their families back home.

The service will enable Indian expatriates in UAE to transfer money to their relatives back home through Etisalat's Mobile Remittance service, with Tata Communications being the central hub for the service.  HSBC India will be the banking channel for the funds transfer and disbursement in India with Mashreq being the banking partner in the UAE.

This is planned as a targeted service where the Mobile Money Transfer service will be made enabled on the India – UAE "corridor", covering the large Indian NRI community residing in the U.A.E.

In the first phase, this service which is jointly being launched with TATA Communications, Etisalat and HSBC India will be extended to the over 27 lakh subscriber base of IDEA Cellular in Kerala. The service will enable the expat Indian population in the UAE, to transfer money from their bank accounts using their mobile phones, directly into any designated bank account of an Idea subscriber residing in India. The facility also affords the sender the ability to easily track the transaction from remittance till such time as the money reaches the recipient.
 
Ads by Google 
Post a Comment on “IDEA Offers International Cash Transfer Via Mobiles”
Comment : 
Name : 
City : 
Email : 
There are no comments on this article yet.
Why don't you post one?
Ads by Google 
Ads by Google
Ads by Google
Products
Camcorders  |   Controllers  |   CPUs  |   Desktop PCs  |   Digital Cameras  |   Digital Video Recorders  |   DVD Players  |   Games  |   Gaming Consoles  |   General  |   GPS Systems  |   Handhelds / PDAs  |   Hard Drives  |   Headphones & Headsets  |   HiFi Audio Systems  |   Home Theater Systems  |   Input Devices  |   Internet  |   Laptops  |   Low Level Components  |   Mac Systems  |   Mobile Phone Accessories  |   Mobile Phones  |   Monitors  |   Motherboards  |   MP3 / Audio Players  |   Multi-Function Devices  |   Networking  |   Optical Drives  |   PC Accessories  |   PC Add-on Cards  |   PC Cabinets  |   PC Games  |   Printers  |   Projectors  |   RAM Modules  |   Scanners  |   Software  |   Speakers  |   Telecom  |   TVs  |   Video Players  |  
Careers | About Us | Ad Inventory | Site Profile | Feedback | Copyright © 2007, Tech2.com India - A Network 18 India Venture