New Delhi [India], Nov 18 (ANI
): MobiKwik on Friday announced its partnership with Bharat Sanchar Nigam Limited (BSNL), the government-owned telecommunication service provider for cashless payment of bills.
The tie-ups will enable customers to pay their phone bills without standing in queues and using cash currencies or cheques.
A large number of people across cities will be benefitted as BSNL serves 38 million users. This initiative will also enable customers to tide over the current currency shortage due to demonetisation of high-value bank notes.
"Our association with BSNL is another step to serve landline users after demonetisation of high-value currency notes. MobiKwik is honored to support a cashless India and urges people to transact with wallets and digital money as much as possible," said Chief Operating Officer at MobiKwik, Mrinal Sinha.
The announcement of discontinuation of Rs. 500 and Rs. 1000 notes is a mind blowing initiative taken by Prime Minister Narendra Modi to curb black money in India.
"This is the biggest surgical strike on the menace of cash ever heard of anywhere in the world. This is a historic policy change and will do down in democratic India's history as more impactful than the economic reforms of 1990s," said CEO MobiKwik, Bipin Preet Singh.
"It's a strong step taken by the Modi government and will benefit the growth of digital payments and digital banking in India. We (MobiKwik) are excited to be a part of this historic moment," added Singh. (ANI