Vodafone India on Wednesday launched of ‘M-Pesa’ - a mobile money transfer and payment service in Delhi and NCR one of India’s leading telecommunications service in collaboration with ICICI Bank.

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The service will enable users to deposit and withdraw cash from designated outlets, transfer money to any mobile phone in India and remit money to any bank account in India.

Apart from this, user can make payments to recharge mobile, clear utility bills and for DTH service subscription, shop at select shops and participate in e-commerce/m-commerce.

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This service will now be available through 1400 specially trained authorized agents and across 130 Vodafone exclusive retail stores in Delhi and NCR region. 

Subrat Padhi, Business Head –Delhi, Vodafone India said, “For households where the earning members migrate to larger cities for earning livelihood, ‘M-Pesa’ will be the best way to send money back home to their families.”

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Suresh Sethi, Business Head - M-Pesa, Vodafone India said , “Today, less than 5 percent of villages in India have a banking outlet. Financial inclusion is a national priority and we believe that with ‘M-Pesa’, we now have the ideal offering to facilitate the same across the country in compliance with all applicable regulations.”

Apart from Delhi, ‘M-Pesa’ has been rolled out in Kolkata, West Bengal, Bihar, Jharkhand, and Rajasthan and will be made available across the country in a phased manner.

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