Vodafone distributes mobile-based pension disbursement through Vodafone M-Pesa

By August 9th, 2015 AT 3:29 AM

Vodafone has partnered with the Government of Haryana to facilitate mobile-based disbursement of monthly social security pension. It has started the distribution of pension through its M-Pesa, the telecom’s mobile money transfer and payment service.

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“For Government transfers, ‘Vodafone M Pesa’ is a speedy and transparent mechanism with no leakages. We are delighted to partner with the Govt. of Haryana for monthly pension disbursement, significantly adding to the ease and convenience of pensioners in unbanked areas. As a part of our commitment to partner the Government’s agenda to promote progress in the state and we would like to scale up this initiative to cover more and more towns and villages in the state, over the coming months,’’ Suresh Sethi, Business Head – M-Pesa, Vodafone India said.

The facility will help 868 beneficiaries at five villages in Karnal and Mahedragarh districts in Haryana. The users with any active mobile number can avail the service. The users will get an SMS, with details like amount of pension, the withdrawal code and the withdrawal procedure. They can approach the nearby M-Pesa retail outlet and authorize the transaction using the withdrawal code received to withdraw the amount.

Also read: Vodafone marks a surge in service revenue by 6.9 percent in India during Q1 2015

“It has been our constant endeavor to deliver and bring world class service experiences to the citizens of Haryana. The Vodafone M-Pesa partnership with the state Government is one such initiative which will fulfill the need for a simple, timely, cashless money transfer system to beneficiaries, by bridging the gap between pensioners and the bank,” added Tejinder Khurana, Business Head- Haryana, Vodafone India.

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