Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Enterprise
Bharti Airtel inks pact with Infosys for ‘airtel money’
TT Correspondent |  |  28 Feb 2012

Bharti Airtel, a leading integrated telecommunications company with operations in 19 countries across Asia and Africa, has chosen Infosys, a global leader in consulting & technology, as its partner for ‘airtel money’– the country’s first of its kind mobile wallet service by a mobile operator.

 

 Under this partnership, Infosys WalletEdgeTM - the mobile commerce platform will enable the ubiquitous mobile wallet service to support cashless payments & settlement needs of diverse customer segments.  

 

FinacleTM Digital Commerce is at the core of this platform.  It facilitates the creation of a unique ecosystem of card issuers, merchants, financial and retail institutions to offer customers a wide spectrum of payment options for their transactions. The platform will enable ‘airtel money’ customers to pay bills, recharge accounts, shop at over 7000+ merchant outlets, transact online through multiple channels including mobile phones, Interactive Voice Response, ATMs and Point of Sale. 

"We believe that airtel money - that empowers the customer with the convenience of instant money transfer, will play a pivotal role towards driving the goal of financial Inclusion in the country. Clearly, an offering like this needs to be built on an extremely robust and secure technology platform, hence Infosys was a natural choice given their strong technical capabilities and credentials, especially in the financial sector. We are confident that together we will offer a compelling proposition for our customers for them to accept airtel money - as a way of life", said Sanjay Kapoor, CEO – India & South Asia, Bharti Airtel. 

 “At Infosys, we partner with our clients to build tomorrow’s enterprise through business model innovation that drives growth and revenue opportunities. The game-changing mobile commerce platform, from Infosys, will empower millions of ‘airtel money’ customers to make cashless payments and settlements. It will also unleash new market opportunities for Bharti Airtel in the digital commerce space”, said V. Balakrishnan Member of the Board, Infosys.
    2   
 mail this article    print this article    Show and Post comment
28 Feb 2012(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more