Union Bank of India and Nokia Begin Roll Out of Mobile Payment Services
Leading the way in mobile financial inclusion, Union Bank of India (UBI), one of India's top retail banks, together with Nokia, today announced the commercial launch of 'Union Bank Money powered by Nokia' across India, starting with the National Capital Region.
The service is already available to consumers in Gurgaon, and will be soon go live in Delhi, Faridabad and Noida. This will be followed by a nationwide roll-out over the next few months.
The unique service specifically targets users, who do not have a bank account today, by providing access to financial services through their mobile phones and driving financial incl... .. .