'M-Pesa' Launched in Odisha

M-Pesa empowers the unbanked and under-banked sections of the population gain access to financial services through the mobile phone. | EPS

• Telecom major Vodafone India and ICICI Bank today announced the launch of 'M-Pesa', a mobile money transfer and payment service, in Odisha.
• 'M-Pesa' service was formally launched by senior officials from Vodafone India including BJAS Murthy, Operations Director – East, Abdhesh Kumar Singh, Business Head – Odisha and Suresh Sethi, Business Head – M-Pesa.

What is 'M-Pesa' service?

A mobile money transfer and payment service that allows customers to transfer money to any mobile phone, remit money to any bank account, make utility payments, recharge of mobile, DTH payment and earn interest on deposits.

Empowers the un-banked and under-banked sections of the population gain access to financial services through the mobile phone.

This service will now be available across 202 Tehsils, 24 Districts through 1350 specially trained authorized agents including 73 Vodafone exclusive stores in Odisha.

NOTE:

• This service will now be available across 202 Tehsils, 24 Districts through 1350 specially trained authorised agents including 73 Vodafone exclusive stores in Odisha.
• Apart from Odisha, 'M-Pesa' has been rolled out in Delhi, Mumbai, Kolkata, West Bengal, Punjab, UP East, UP West, Bihar,Jharkhand, Rajasthan, Gujarat, Maharashtra, Goa, Assam & North East and Haryana and will be made available across the country in a phased manner.