BSNL has become the latest telecom company to launch its mobile wallet that has been developed by MobiKwik. The wallet aims to bring digital payments within reach of semi-urban and rural India…

NEW DELHI, AUGUST 19, 2017: Moving forward with Prime Minister Narendra Modi’s Digital India mission, State-run Bharat Sanchar Nigam Limited (BSNL) has gone digital by launching a bespoke mobile wallet that would enable its existing 100 million customers to make bill payments and transact on e-commerce platforms.  

Launching the digital wallet developed by Indian startup MobiKwik Telecom Minister Manoj Sinha said: “I congratulate BSNL for partnering with MobiKwik for this special initiative as this takes us closer to realising the Prime Minister’s vision of making India a digital superpower. With this co-branded wallet, the ease of payment will be extended to all the customers while equally strengthening financial inclusion in the rural hinterlands, which often get neglected. Going digital is the need of an hour for both urban and rural areas, and this partnership is definitely a step in right direction.”

With over 1.5 million merchants on the network, the BSNL wallet is India’s largest wallet by any telecom company. The app enables fastest online recharges, bill payments, shopping and bus booking.  It is the most secure, simple and fastest way to recharge your mobile phone. Users can get all top ups, SMS, data (GPRS, 2G, 3G & 4G), local, STD, ISD, postpaid, DTH plans, vouchers and full talk time recharge offers. Users can also pay for IRCTC train tickets with BSNL wallet.

According to BSNL Chairman and Managing Director Anupam Srivastava: “Through this strategic partnership between BSNL and MobiKwik, we are taking another important milestone in achieving our Narendra Modi’s vision of enabling and making India a less-cash society based on his grand vision of digital India. We at BSNL are proud to be part of this programme and will ensure that all our 100 million BSNL customers will be able to seamlessly and conveniently transact and pay mobile and other financial payments through the co-branded MobiKwik wallet”.

According to MobiKwik Founder and CEO Bipin Preet Singh: “We are proud to associate with BSNL in an endeavour to empower masses in India with access to highly dependable internet connectivity and digital payments. BSNL wallet will enable masses in paying bills, recharging their phone connections and paying for their daily purchases, within seconds.”

Mobile wallets are increasingly becoming a part of the daily lives of the digital consumers, especially the millennials who have grown up with digital, and 93.9% of Gen Y have a smartphone. Thus, they use their phones heavily and integrate mobile tools in every part of their daily lives, he added. 

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