Handset manufacturer Intex has partnered with Tata Teleservices’ mRupee to launch Intex MyWallet, which will let its users make recharges, money transfers, book tickets and shop etc, reports the Press Trust of India. Tata Teleservices has a payments subsidiary called MMP Mobi Wallet Payment Systems.
As part of the tie-up, Intex retailers will offer retail-assisted services like recharges, bill payments, utilities and money transfer. Intex wallet customers will get rewards for accessing content and other utilities through a loyalty bonus which can be redeemed for cellular talktime and recharges.
In February, mRupee partnered with the IRCTC to enable users to use its wallet to book tickets. IRCTC will continue offering other modes of payment along with the mRupee wallet.
mRupee-RBL Bank prepaid card
In December last year, mRupee partnered with RBL Bank to launch a new Visa powered Open Loop prepaid card. The card would enable customers without a bank account to withdraw money from Visa supported ATMs as well as pay for goods and services where Visa cards are accepted across the country.
Micromax and Spice Digital’s wallet
Intex joins other handset manufacturers such as Micromax and Spice Digital to offer wallet services. Micromax has a deal with Transerv for a wallet called Udio. The partnership would allow Micromax to a native payments solution for financial and social transactions including sending or requesting money, splitting bills, sending gifts to friends, and making payments through phone integrations.
Micromax, on its part, said it would create a large offline network and users will be able to top up their wallet at 135,000 retail outlets where Micromax devices will be sold.
Spice Mobility launched a new mobile wallet called SpiceMudra which focuses on domestic remittances in September last year. Spice Digital’s 3,000 retail outlets will help with the remittances using the wallet and that the company plans to expand to other services such as bill payments, mobile recharges and ticket booking. The wallet would be integrated with Spice’s handsets to enable easier payments for customers.