General

Amid Cash Crunch, 8.4 million-Plus Vodafone M-Pesa Customers to get to Withdraw Cash from 120,000 Outlets across India

NewsGram Desk

New Delhi, November 24, 2016: Vodafone India will allow its 8.4 million-plus Vodafone M-Pesa customers to withdraw cash through their digital wallets from any of its over 120,000 outlets across the country, the company said on Wednesday.

NewsGram brings to you latest new stories in India.

"Vodafone M-Pesa customers do not need to stand in long queues outside ATMs and bank branches for cash. We have invested in building a nationwide network of over 120,000 M-Pesa outlets, equivalent to the numbers of bank branches in the country," said Suresh Sethi, Business Head, Vodafone M-Pesa, in a statement here.

Over 56 per cent of these outlets are located in rural India.

Go to NewsGram and check out news related to political current issues

"Our customers can visit any of these outlets and use the unique cash-out feature of Vodafone M-Pesa to withdraw cash from their digital wallets at their own convenience. Further, our digital wallet too can be easily digitally loaded via credit/debit cards or net banking," he added.

Look for latest news from India in NewsGram.

Customers need to carry an identity proof to their nearest M-Pesa outlet from where they can withdraw money, subject to availability, in line with the Reserve Bank of India guidelines, the statement added. (IANS)

Longer-lasting and more sustainable green hydrogen production

Eco-friendly nanobiolubricants set to transform industrial grinding practices

New book explores minority languages in the digital age

Herbal chocolate ice cream: trend or future of consumption?

Tensions high in Bangladesh district after Muslims killed over Hindu temple fire