Mobile MO service from June

Published: 07th March 2013 10:33 AM  |   Last Updated: 07th March 2013 10:33 AM   |  A+A-

Sending money using the postal service will be made easier from June in the state, when the Mobile Money Order Service is launched.

Through Mobile Money Order Service, money can be transferred from one location to another using the mobile network of BSNL. The sender will deposit cash at a post office counter and the payee will receive an SMS of the fund transfer on his mobile. Then, the payee will approach the designated post office in his area to receive the payment after disclosing the personal code communicated to him through SMS.

The fee for the transfer of a minimum of Rs 1,000 up to Rs 1,500 will be Rs 40. From Rs 1,501 to Rs 5,000 it will be Rs 70 and from Rs 5,001 to Rs 10,000, the charge will be Rs 100. The BSNL and the postal department share the revenue equally.

Union minister of state for communications Killi Kruparani said the mobile money order service would benefit people as they can transfer money instantly to their families or friends.

“The mobile money order service will be launched by the end of June,” she said.

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