In 2010, Airtel M Commerce Services was granted the license to use the Semi Closed Wallet by the Reserve Bank of India.
Aimed at offering customers with an efficient alternative to cash transactions, airtel money will empower its customers with access to a convenient and secure way of making payments through the ubiquitous mobile platform.
Airtel has already established partnerships with over 2,200 merchants in Delhi NCR (including utility providers like NDPL, BSES Yamuna, BSES Rajdhani, Indraprastha Gas, LIC and organized retailers such as Easy Day, Chalchitra, Yo China, Costa Coffee, Hair n Shanti, DT Cinemas, Fun Cinemas among others as well as local chemists and grocery stores) who will accept payments via airtel money.
Customers using airtel money will also be able to avail exclusive discounts and attractive offers at various merchant outlets in the market – and save money as they shop.
To know more about airtel money, customers can dial 12121 (toll free) from their Airtel mobile phones and get started. For more information, non-Airtel mobile customers can dial 88000121 21or simply visit www.airtelmoney.in