Handset maker Nokia is looking for a pan India coverage for its Nokia Money, the mobile payment services enabling consumers to pay directly from their Nokia mobile phones in India, a top official said.
“We are now planning for a pan India coverage for our Nokia Money this year,” Nokia Mobile Financial Services Director, Gerhard Romen told PTI.
The e-wallet services of the firm is currently available in Mumbai, Delhi National Capital Region (NCR), Nasik, Pune, Chennai and Chandigarh and the company will soon commence its operations in Surat, Baroda, Rajkot, Lucknow, Kanpur, Kochi and Kozhikode, he said.
An e-wallet is like a physical wallet that enables users to make electronic transactions quickly and securely, without cash.
“Earlier people were shocked to think that your phone could have a camera, but now everyone uses a camera phone. Similarly in a couple of years it will be a wallet in your phone,” he sid enthusing optimism.
Nokia at present has a tie-up for the e-wallet facility with Yes Bank and Union Bank of India, and the company is considering for a tie-up with other banks.
“We are still discussing with other banks for the facility, but I can not give you any names at this time,” he said.
Nokia Money Demo
What you can do?
Transfer money securely to your friends and family in a convenient and cost-effective way.
Pay your utility bills from almost anywhere and keep track of everything with reminders for due dates, overdue charges and payments.
Check your balance on the go and manage your expenses and payments at the same time.
Recharge your pre-paid account wherever and whenever you like – adding funds is easy and it only takes a few moments.
Make convenient cashless payments to informal merchants without having to carry money or bank cards as you travel from place to place.
Manage your money with confidence – the latest mobile technology is used to handle all your finances securely.
Save time when dealing with your personal finances – no more waiting in line at the bank or making unnecessary trips into town.