Online Payments & Money Transfer

Nokia launches Mobile Money services for India

Nokia and Union bank have announced the launch of their Mobile Money Services in India. You can now transfer money, pay bills, recharge your balance and shop from your mobile phone without the need for a bank account.

mobile money 2011

Nokia Mobile Money India

The services are delivered by Nokia through partnerships with banks including Union Bank of India and Yes Bank and are currently available in select cities across the country. Union Bank Money Services, powered by Nokia is expected to become available across India by 2012.

Watch a video of the service on NDTV

Nokia Mobile money services works on all handsets, networks and you don’t need a bank account to operate it. You can register and know more about this service at

Abhay N

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Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

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1 Comment

1 Comment

  1. Sumit

    January 24, 2012 at 4:36 pm

    Nokia Money is a free service that aims at reducing the problems and risks involved with carrying cash with one self. The customer need not carry any cash but he can carry as much money (up to Rs. 50,000/-) in his mobile phone. For further information on Nokia Money service, please get in touch with your nearest Nokia Retailer.

    Thank you.

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