September 9, 2017 5:49 AM

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PNB and BSNL join hands to roll out open mobile wallet Speedpay

Punjab National Bank and state-run owned BSNL today join hands to roll out open mobile wallet Speedpay across 10 states in the country.<br/>'<br/>Speaking at an event to mark the agreement signing ceremony between BSNL and PNB in Kolkata today, Telecom minister Manoj Sinha said India is now second largest market in the world with 120 crore mobile users. <br/>'<br/>Under the agreement, BSNL will expand Speedpay services in Punjab, Chandigarh(UT), Haryana, Jammu and Kashmir, Himachal Pradesh, Uttar Pradesh, Bihar, West Bengal, Jharkhand and Uttarakhand.<br/><br/>PNB's Speedway wallet will operate like any other mobile wallet for paying bills, recharging phone besides its users will be able to deposit and withdraw money from authorised retail outlets. <br/><br/>Also, Speedway users will be able to operate Internet banking services from the application.

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