Telecom Lead India: Air India announced the launch of
mobile phone booking facility that allows customers to buy and pay for domestic
tickets through their mobile. To avail this facility users have to simply
download the free Ngpay software.
The new facility eliminates the hassles associated with
booking through conventional methods. It’s a boost to customers in Tier II and
Tier III cities where Internet may not be available to individual users always.
The convenience of mobile booking can also be utilized by busy executives who
may have to make emergency booking while in a meeting or on the move. Payments
can be made through credit/debit cards or net banking through mobile phones.
The procedure is simple: Send an SMS -ngpay’ to 56767 and
download the free Ngpay software from the site www.ngpay.com. Once the download is over, users will be
directed to booking and payment through an easy and user-friendly interface.
After the transaction is complete, the customer will receive a confirmation SMS
with details. Alternatively he/she will receive an Itinerary Ticket Receipt
(ITR) through the e-mail.
Passengers need not have the hard copy of the ITR at the
airport. He/she may report to the kerbside counter of Air India with the SMS
details, along with a photo ID proof to facilitate the journey.
Mobile payment market revenues to rise to $999 billion in 2016
Recently, IE Market Research
Corporation said that mobile payment revenue will rise from $47.2
billion in 2011 to $998.5 billion in 2016. Compound Annual Growth Rate (CAGR)
from 2012 to 2016 will be 83.7 percent.
Among different categories of mobile payment, digital
purchases will be the largest category with its revenues increasing from $9.8
billion in 2011 to $250.9 billion in 2016. More and more telecom operators,
banks and retailers are teaming up to offer mobile payment solutions around the
world, and the global mobile payment market is growing rapidly.