M commerce payment services

Mobile Payment Gateway (online M commerce payment services) : Telecom operator Bharti Airtel has launched first of its kind mobile wallet service 'airtel money' in two state One in Maharashtra and second in Goa circle recently. With M commerce payment services, customers can make payments and transfer money (online M commerce payment services) across the country. The national availability of airtel money follows the success of service’s first phase of launch in Delhi NCR and Chennai in last year. According Airtel, In this two state (Maharashtra, Goa) at Bharti Airtel, has crossed 50,000 subscribers within the first 10 days of its roll out in Maharashtra and Goa state. The service is now available in 700 cities and towns across the country. Bharti Airtel has Crosse 180 million customers in the country. The service is operated by its wholly owned subsidiary Bharti Airtel M Commerce Services (AMSL). Airtel money service (online M commerce payment services) will be made available to customers in all the 23 telecom circles in the next three months. Commenting on this, Mr.RameshMenon, chief executive officer, Maharashtra and Goa at Bharti Airtel, said, "As per the Reserve Bank of India’s (RBI) approval, the former has a daily spending limit of Rs 10,000 and the latter Rs 50,000. The Bharti Airtel charges Rs 5 for transaction up to Rs 500, and above transaction charge, Rs 10. The customers could choose from two airtel money accounts: express and power accounts. The company had partnerships with over 1,800 brands across the country who will accept payments via airtel money (M commerce payment services)." The brands include utility provider such as Tata Power Company, Maharashtra State Electricity Board, telecom (BSNL/MTNL), Reliance Energy, Indra - prastha Gas. Also, the insurance companies, organised retailers, mutual funds, movie theatres and local merchants and many more… who will now accept payments via airtel money (M commerce payment services).