Vodafone M Pesa

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It's back to the drawing board for payment banks

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......

Vodafone Idea to close m-pesa biz, writes off Rs 210 cr

Vodafone m-pesa was one of the 11 firms that was given payments bank licence by the Reserve Bank of India in 2015. Vodafone Idea Ltd has decided to close m-pesa vertical following the closure of......

Vodafone commits to invest Rs 13,000 cr in India

British telecom group Vodafone on Thursday committed investments totalling Rs 13,000 crore (Rs 130 billion) in India for capacity augmentation and new business initiatives. The investment was......

Vodafone rolls out aggressive plan for mobile wallet service

M-Pesa, the mobile wallet service of telecom major Vodafone, plans to launch out-cash services. A pilot programme will be launched soon, under which customers will be able to withdraw money from......

To play long innings in banking, Vodafone needs to do a few things

The telecom company, which has a licence to start a payments bank, can leverage its wide distribution network. Access to formal banking remains a pipe dream for a large number of Indians: less than......

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Vodafone M Pesa

News for Vodafone M Pesa

It's back to the drawing board for payment banks

Vodafone Idea to close m-pesa biz, writes off Rs 210 cr

Vodafone commits to invest Rs 13,000 cr in India

Vodafone rolls out aggressive plan for mobile wallet service

To play long innings in banking, Vodafone needs to do a few things

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