Vodafone India’s M-Pesa Rolls Out Pension Payment Scheme
Wednesday, September 21, 2016
Vodafone India is pioneering a mobile money scheme allowing the state to pay social security pensions directly to an M-Pesa account across remote villages in the north of the country.
Under the scheme, Vodafone India gives every pensioner a mobile contract and an M-Pesa account in remote rural villages across the Haryana state.
The department of social justice and empowerment can then directly transfer their pensions.
Source: Mobile World Live (link opens in a new window)
- digital payments, fintech