The Department of Posts will soon implement
a mobile-based money remittance service in various parts of the country.
This service implemented as pilot project in 4 Postal Circle
Kerala, Bihar, Punjab and Delhi.
What is M-Money transfer?
- Mobile Money Transfer is just another method to transfer money through electronic medium like Mobile Phone and Computer.
- Those intending to avail the service would get a secret code through SMS soon after the money is transferred.
- A similar message would be forwarded to the recipient who could then visit the nearest service-enabled post office and receive the money by submitting the code.
- This service would be operated by the department of post with technical assistance from Bharat Sanchar Nigam Limited (BSNL).
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