Aircel and ICICI Bank have jointly launched a mobile banking service. Called Mobile Money, the service will be run on Visa’s mobile managed service.

Mobile Money has been launched with a range of financial services on a mobile phone such as cash deposits, cash withdrawals and money transfer to third parties.

The service was today launched in Tamil Nadu and is to be rolled out in other parts of India during the current year, says a press release issues jointly by the telecom operator and the bank.

(This article was published on February 5, 2013)
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