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Nokia introduces mobile money service

www.ciol.com

Monday, June 27, 2011 - 10:18

Nokia on Monday announced the launch of the Mobile Money client in all Nokia devices in India going forward.

Nokia on Monday announced the launch of the Mobile Money client in all Nokia devices in India going forward.
The Mobile Money service provides the unbanked and under-banked masses, access to financial services through their mobile phones, said a press release.
 
The money client is available on Symbian smartphone devices, Nokia´s Series 40 feature phones and the Series 30 entry level devices. It supports both keyboard, touch and combined devices, the company said.
 
Nokia is building an open ecosystem for mobile payments in India and the Nokia Money mobile financial services initiative is already being implemented in India through partnerships with Union Bank of India (UBI), Yes Bank, Obopay and a wide range of merchants, retailers and business correspondents.
Read the full story by clicking the link below
http://www.ciol.com/Enterprise/BFSI/News-Reports/Nokia-introduces-mobile-money-service/151 675/0....
 
Tags: Mobile Commerce, APAC, India, Nokia, Union Bank

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