Telecommunications major Bharat Sanchar Nigam Limited(BSNL) and new-age Indian mobile wallet major MobiKwik recently publicized their planned partnership to develop BSNL's mobile application.
MobiKwik will co-create BSNL wallet, which is said to be a new semi-closed wallet to make easy of payment and also sell BSNL products solely in their wallet.
This will surely act as a facilitator to the Users with its services like bank transactions and bill payments in a quick and easier manner. The all new wallet will be developed, operated and issued by MobiKwik and distributed and marketed by BSNL.
The proposed partnership aspires to intensify PM Modi's digital India dream, with BSNL's extensive existence all over the country. The wallets would let the users to pay bills Via MobiKwik app.
"We are proud to associate with BSNL in an endeavor to empower masses in India with access to highly dependable internet connectivity and digital payments. BSNL wallet will enable masses in paying bills and recharging their phone connections within seconds. The co-branded wallet shall be integrated on BSNL's platform by Mobikwik," said founder and CEO Mobikwik, Bipin Preet Singh.
In addition to this, Singh also said that the mobile wallets are gradually becoming a part of the everyday lives of the digital consumers, particularly the millennials who have developed up with digital, and 93.9% of Gen Y today has a smartphone. Thus, they use their phones a lot and put together mobile tools in every part of their daily lives.