Wednesday
September 21
2016

Vodafone India’s M-Pesa Rolls Out Pension Payment Scheme

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)

Categories
Technology
Tags
digital payments, fintech, mobile money