State Bank MobiCash

State Bank MobiCash

Question: Recently State Bank of India (SBI), in partnership with which of the following telecommunication company has launched its mobile wallet application ‘State Bank MobiCash’?
(a) Airtel
(b) Aircel
(c) BSNL
(d) Vodafone
Ans:(c)
Related facts:

  • On 18 December 2016 country’s largest lender State Bank of India (SBI), in partnership with Bharat Sanchar Nigam Limited (BSNL), Saturday launched its mobile wallet application ‘State Bank MobiCash’ for feature as well as smartphones.
  • The new wallet services will initially be available in Punjab, Rajasthan, Haryana and Bihar and expanded pan-India by the end of December.
  • MobiCash will allow users to deposit cash through BSNL retail outlets and withdraw funds from their account. SBI already has an application named SBI Buddy for smartphone users.
  • State Bank MobiCash has both customer initiated and retail assisted features for usage of the wallet.

Reference:
http://airworldservice.org/english/archives/38179