Riding on the Digital India drive, state-run BSNL is set to launch a mobile wallet today at an event in New Delhi. Back in May, BSNL had signed a MoU with MobiKwik to co-create the mobile wallet. Unlike existing mobile wallets, the co-created mobile wallet is said to be exclusive for BSNL customers in India. Also Read - BSNL launches new limited time Rs 45 FRC: Here's how it compares with Airtel, Jio, ViAlso Read - Top 5 news from the world of technology: OnePlus Nord 2 specs, Mi 11 Ultra sale and more
The launch event will see the presence of Manoj Sinha, Minister of State for Communications, Aruna Sundararajan, Secretary DoT, and Anupam Shrivastava, CMD of BSNL. According to a report by ET, the mobile wallet will be developed and operated by MobiKwik, while the distribution and marketing will be handled by BSNL.
The basic features of the mobile wallet can be assumed, but it will also perform as a marketplace. Through the mobile wallet, BSNL will integrate a digital sale of its products starting with SIM cards. More BSNL products are expected to be in tow for the mobile wallet. The BSNL mobile wallet will allow its customers to perform actions like paying bills and recharging mobile connections.
The user interface and design is said to be similar to that of the MobiKwik mobile wallet. MobiKwik on its platform currently offers services like paying electricity bills, recharging mobile and DTH connections, and booking hotels, bus tickets. MobiKwik s recent sightings include a partnership with Samsung Pay for one-tap payment solution. MobiKwik had also integrated its payment systems with Google Play for the purchase of its services. ALSO READ: MobiKwik aims to raise $100 million in funding this year
BSNL customers already have the option to pay their bills using the MobiKwik mobile wallet which stemmed from the demonetization drive last November. There are also many services at present which allow seamless payment and recharge of mobile connections. With BSNL joining the fast growing segment of digital payments, it remains to be seen what different it has in store for its users. Private players have already gone far ahead in terms of being digitized. This partnership will possibly help the state-run telco to bring something new to the plate for its 100 million customers. ALSO READ: BSNL seeks 2-year extension for mobile license validity