BSNL Rolls Out Pre-paid Card Linked Mobile Wallet, BSNL launched a pre-paid card linked mobile wallet service on Friday which allows customers to transfer cash, pay for services as well as withdraw cash of up to Rs 1 lakh.

BSNL launched a pre-paid card linked mobile wallet service

BSNL Rolls Out Pre-paid Card Linked Mobile Wallet

The wallet service, Speed Pay, allows a customer to load money even if he dont have a bank account. The money loaded in the wallet can be transferred to an account and even withdrawn at branches or at BSNL outlets.

Really this feature is amazing, now everyone can send money through mobile very easily, we must appreciate bsnl for this. As per BSNL chairman and managing director Anupam Shrivastava statment:

“Loading money into a mobile wallet from a bank account is an option. BSNL customers who don’t have bank accounts can also load money at any BSNL retail outlet and ask the retailer to recharge their mobile wallet account and pay for various services,” 

There will be one-per cent transaction charge if money from the wallet is transferred to other bank accounts or a there is cash withdrawal.