Nokia has teamed up with YES BANK to introduce a live commercial pilot scheme of Nokia Money in India. The service will see its test debut in Pune, India, and will be called Mobile Money Services by YES BANK.
The pilot scheme will let people transfer money to another person simply by using the person’s mobile phone number. They’ll also be able to pay utility bills and top up SIM cards. Looking ahead, there will also be the facility to pay for goods and services.
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Video Interview with Gerhard Romen, Nokia’s Director for Alliances, on what he had to say about the launch in India.
Link to video