Indian Post Office Launches Mobile Money Service with BSNL

By Telecom Lead Team:The
Indian Post Office has launched its own mobile
money service
 in partnership with
BSNL (Bharat Sanchar Nigam Ltd). This service is available for a charge
of 5 per cent to subscribers across all networks.


The scheme does not require any additional expenditure from the
user. Further, users with regular mobile phones can also avail this
service as it is carried out through text messages.

According to officials, a
user can simply use this service by giving the mobile number, address and
amount of the receiver. Once the cash is deposited, the Post Office will
send a unique code to both the sender and the receiver via a text message. The
receiver simply needs to show the unique code to the Post Office to receive the

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