Nokia to shut down mobile money business


Nokia to shut down their Mobile Money business including the Nokia Money, according to a report by The Hindu. Nokia announced the Nokia Money in 2009 and launched it in partnership with YES Bank in 2010. Later they launched it with Union Bank in 2011. They launched the Nokia Money service across India in December 2011 which is said to have 2 lakh subscribers in total with 1.2 million subscribers across all 3 platforms. Continue reading “Nokia to shut down mobile money business”

Nokia Money – Mobile wallet service launched across India

Nokia has launched Nokia Money, their own Mobile wallet service across India. This is a secure and convenient alternate to cash on a mass scale on mobile phone. Nokia Money offers basic financial payments such as utility bills, pre-paid mobile top-ups, DTH recharge, insurance premiums and tickets and more, without the need of accessing bank account or the internet. Continue reading “Nokia Money – Mobile wallet service launched across India”