Vodafone M-Pesa partnership with the PSPCL is one such initiative that bridges the need for a simple, timely and cashless electricity bill payment solution through the mobile phone
Vodafone M-Pesa, a mobile money transfer platform, has tied up with power utility Punjab State Power Corporation Limited (PSPCL) to enable consumers pay their electricity bills instantly. Vodafone M-Pesa offers customers a cashless, secure platform for electricity bill payments with the largest network of agents (or CashIn Points) to enable digitisation of money for cash holding population, said a company statement.
Vodafone M-Pesa, Arvind Vohra, Operations Director -Vodafone India, said, “It has been our constant endeavor to deliver and bring innovative and simplified service offerings relevant to the needs of our customers. Vodafone M-Pesa partnership with the PSPCL is one such initiative that bridges the need for a simple, timely and cashless electricity bill payment solution through the mobile phone.”
He said Vodafone M-Pesa is a digital wallet service from Vodafone that offers money transfer, bill and utility Pay, merchant payments and business solutions. Vodafone has more than 3,000 outlets including Vodafone company-owned stores, franchisees, and multi-brand outlets in Punjab. These provide convenience and ease to customers to convert cash into digital money facilitating digital payment of bills and e-commerce /m-Commerce.
The bill payment touch points are easily available at every nook and corner, including all 31 Vodafone brand stores in Punjab. This facility is aimed at driving financial inclusion further along with providing the state electricity utility subscribers in Punjab the benefit and comfort of making payments instantly. As an added benefit, new users of M-Pesa can earn 5 per cent cashback on the payment made through the App.