Business Daily from THE HINDU group of publications
Wednesday, Jan 09, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Wednesday, Jan 09, 2008 ePaper | Mobile/PDA Version |
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Info-Tech
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M-Commerce Mobile P2P money transfer service Bangalore, Jan. 8 US-based Obopay, a player in mobile payment services, has announced its entry into the Indian market. Obobay India will be headquartered in Bangalore and headed by Mr Aditya Menon as Executive Director. The company is involved in mobile person to person (P2P) money transfer and remittance services. Obopay India hopes to be “a catalyst for financial inclusion in India, by providing payment services to any one with a mobile phone.” Mr Aditya Menon said: “It is a foregone conclusion that there are more people with mobile phones than bank accounts in India. Our aim is to reach every Indian with a mobile phone and enable them to make financial transactions from their cell phone, in partnership with banks.” — Our Bureau More Stories on : M-Commerce
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