Kerala - Kochi   

Novel mobile payment service system launched

KOCHI: UAE Exchange and Financial Services Limited, India, a non-banking financial services company based in Kochi, has introduced Xpay, a novel payment service system, by means of a mobile phone. The system enables the customer to purchase commodities or to pay bills through a simple process using the mobile phone.

Country Head of the company V. George Antony said the customer could register for the Xpay services by paying Rs.200 and remit any amount between Rs.50 to Rs.50,000. The amount would be deposited in a special account of the company to be utilised for transactions through cell phones. The mobile mode of transaction would be available for payments at commercial centres which had joined the system.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

‘Comparative linguistics can inspire the mind’
Order to probe ex-ASI’s death
DHRM chairman held
Tourist dead
Over 2,000 cases withdrawn from prosecution by government
Manjanikkara church festival from Sunday
Boost to cultivation of cool season vegetables
Kudumbasree mission to launch gender self-learning programme
KSRTC’s share in public transport has shrunk considerably: union
Novel mobile payment service system launched
‘Rubber price will not come down’
Call for energy-efficient action to tackle climate change
Interest-free loan for fisherfolk to be hiked
35 kg of rice for ration cardholders
Seminar on role of media
Action against officials opposed
World peace conference in city
Contractors not to take up new works
Kochi Today

Copyright © 2010, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu