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ICICI Bank Ltd, Aircel Launches Mobile Banking Service Mobile Money-Business Standard

Tuesday, 5 Feb 2013 11:08am EST 

Business Standard reported that Telecom services provider Aircel in partnership with ICICI Bank Ltd has launched mobile banking service, Mobile Money, running on Visa's mobile managed service. The service financial services like cash deposits and withdrawals, third party money transfer and utility bill payments on user's mobile phones. The customers will be able to use the service without a data connection service, Aircel said in a statement. The service will be initially be available in Tamil Nadu, it said, adding that rollout to other parts the country will happen during 2013. 

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