The wallet has been developed and issued by MobiKwik on behalf of BSNL.
"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," said Communications Minister Manoj Sinha.
The wallet app enables fast online recharges, bill payments, shopping and bus booking, among many other activities.
"Through this strategic partnership between BSNL and MobiKwik, we are taking another important milestone in achieving PM 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," said Anupam Srivastava, Chairman cum Managing Director, BSNL.
"BSNL wallet will enable masses in paying bills, recharging their phone connections and paying for their daily purchases, within seconds," said Bipin Preet Singh, founder and CEO, MobiKwik.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.