Vodafone applies for Payments Bank license

Indian mobile operator Vodafone India has filed an application with Reserve Bank of India (RBI) for the Payments Bank license, the company said in a statement Tuesday.

Vodafone

Vodafone is also seeking partnerships to deliver the service.

“We are keen and remain highly committed to building a Financially Inclusive business model leveraging our Telco strengths and experience in the mobile payments space, fully aligned with the Government and RBI’s vision,” a statement from Vodafone said.

[email protected]