Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
2016.00
-7.00 (-0.35%)
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Bharti Airtel unveils airtel money across India

Date: 24-02-2012

Bharti Airtel, through its wholly owned subsidiary Airtel M Commerce Services (AMSL), has launched airtel money - country’s first of its kind mobile wallet service by a mobile operator on pan India basis. Available across 300 key cities in India - Airtel money is a fast, simple and secure service that allows its users to load cash on their mobile devices.

Apart from serving as an easy alternative to cash / card payment options, airtel money has now become the first mobile based service to offer customers the convenience of instant money transfer from an airtel money wallet to another airtel money wallet and bank accounts. With this, customers can now make payments and transfer money across the country.

The national availability of airtel money follows the success of service’s first phase of launch in Delhi NCR and Chennai in 2011. For airtel money Power Accounts, Airtel has established merchant partnerships with over 1,800 brands across the country - this includes utility providers; state electricity boards etc.