Vodafone – ICICI Bank’s M-Pesa – Mobile Money Service Launched in Maharashtra

Vodafone India today announced the launch of ‘M-Pesa’ a unique mobile money transfer and payment service in Maharashtra. The financial transactions are provided by ICICI Bank for M-Pesa services.
Vodafone M-Pesa
This service will now be available across 286 Tehsils, 33 Districts through 4080 specially trained authorized agents and across 387 Vodafone exclusive retail stores in Matharashtra.

‘M-Pesa’ has been already rolled out in Mumbai, Delhi, Kolkata, West Bengal, Bihar, Jharkhand, UP East, UP West, Goa and Rajasthan and will be made available across the country in a phased manner.

The M-Pesa service is similar to Bharti Airtel’s Airtel Money and BSNL – India Post’s Mobile Money Transfer Services, available in the market.

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Ganesh Srinivasan
October 30, 2013 2:52 pm 2:52 PM

I think India has grown big enough, specifically in banking and mobile industries, that would warrant a national initiative by RBI and as a common service by all banks and telecom operators