Union Bank of India and Nokia Roll Out Mobile Payments.

Union Bank of India and Nokia has Launched ‘Union Bank Money powered by Nokia’ service across India, starting with the National Capital Region.

This is currently already available in Guragaon and coming soon to Delhi, Faridabad and Noida, followed by a nationwide roll-out over the next few months.

The service is intended for folks who don’t have a bank account. Using mobile phones, new consumers can have access to financial services, such as:

• enabling transfer of money to other individuals,
• cash withdrawals from  business correspondents cash outlets, e.g. Nokia Stores
• cash withdrawals from  ATM
• pay utility bills
• top up/load/recharge prepaid/pay and go SIM cards

via MoneyLife

I’d like mobile-money through my bank. Top that off with NFC-goodness.

Cheers Amey for the tip!

Category: Nokia