State Bank of India has launched 'Mobicash Easy', a mobile wallet in Mumbai and Delhi with service offerings like funds transfer and bill paymentamong others. It will also offer services like balance enquiry, mini statement, funds transfer, mobile top-ups, DTH recharge, bill payment among others. Deputy Managing Director (Corporate Strategy and New Business), RK Saraf told reporters that the service will be launched in other centres in near future. He said, the bank will soon launch a KYC or Know Your Customer enabled mobile wallet service with higher transaction limits. The bank said, it will target migrant labourers and youth to use the wallet service.