To cash in on the penetration of mobile phones in the country, Indian Post is starting its mobile money order service (MMOS) from today starting with ten post offices each of Bihar and Punjab. The service would be provided in other parts of the country as well in phases.
Union minister of state for information technology and communication, Gurudas Kamat is scheduled to formally launch the first of its kind service in the country today, Times of India has reported.
One need to visit the nearest post office to avail the service, where he has to furnish mobile number, name, address and some other general information of the sender as well as recipient.
After depositing the money, the sender as well as the receiver gets an SMS code. The recipient can submit the code at the nearest post office to get the money. However, only Rs 5,000 can be transferred through this service in one go on payment of 5 per cent of the amount as service charge to the postal department.
“To start with, the service would be available in Patna’s GPO and Bankipore, Patna City, Gulzarbagh, Kadamkuan, Patna secretariat, Danapur, Lohia Nagar, Mahendru and Rajendra Nagar post offices,” postal department’s marketing director Anil Kumar was quoted as saying by the newspaper.
He added that the service would be launched in at least 50 more post offices of the state within a month.
The postal department is starting this service in collaboration with BSNL but the service is available for all the cellphone users. This will save time and money as well as help those who do not have a proper address for physical delivery of their money orders.