One of India’s Leading Handset Makers Enters Mobile Wallet Business

Friday, October 7, 2016

Intex Technologies, one of the leading Indian handset player said it has partnered with Tata Teleservices subsidiary mRUPEE to launch their first ever mobile wallet.

The mobile wallet, named ‘Intex MyWallet’, will include quick integrated payment functionalities and conveniences within the device related to recharge, money transfer, shopping, booking train, movie bus tickets and much more, said the company.

As part of the tie-up, Intex will also launch a white labelled online facility via which Intex retailers will get opportunities to get a higher share of customer spending by offering retail-assisted services of recharges, bill payments, utilities & money transfer in just one click, the company added.

The Intex wallet customers will be rewarded for accessing content and other utilities which will help them in earning loyalty bonus which can be further redeemed for various utilities like their talk time & recharges and these loyalty rewards will ensure upward movement in customer value chain.

Source: RTN.ASIA (link opens in a new window)

fintech, telecommunications