Nokia Money pilot begins in India (video)

We find out how Nokia's revolutionary service works in the developing world

Published by Mike Cooper on February 15, 2010

Nokia-Money-IndiaBARCELONA, Spain – Nokia has teamed up with YES BANK to introduce a live commercial pilot scheme of Nokia Money in India. The service will see its test debut in Pune, one of the largest metropolitan areas in India, and will be called Mobile Money Services by YES BANK.

The pilot scheme will let people transfer money to another person simply by using the person’s mobile phone number. They’ll also be able to pay utility bills and top up SIM cards. Looking ahead, there will also be the facility to pay for goods and services.

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We caught up with Gerhard Romen, Nokia’s Director for Alliances, to find out more. Hit play to hear what he had to say about Nokia Money launching as a pilot in India…

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Teppo Paavola, is VP and general manager of Mobile Financial Services at Nokia:

“The Nokia Money initiative based on Obopay’s platform is initially targeted at growth markets and designed to work in partnership with multiple network operators and banks, involving distributors and merchants in a dynamic open ecosystem to seamlessly provide the new services. YES BANK is our first partner in India to bring this service to market”

Share your thoughts in the comments section below.

Comments

  • vishu karan

    Basically this error comes only when u already have a nokia money application in your mobile so what you have to do it either go to settings and give restore factory settings and then install the application or just try to copy the application folder to ur mobile then it will show not enough memory delete some items that time it will show you the application which was already installed in ur mobile delete that application then u get it installed 

  • Sumit Grover

    Dear Sir,
    To get the benefits of Nokia Money, please contact your
    nearest Nokia Retailer and ask for further information on the service.

    Thank you

    P.S.: Nokia does not take out any lottery or give out any kind of prize, ever! You might be a victim of a fraud. Please be cautious in the future!

  • Sumit Grover

    Dear Sir,
    To get the benefits of Nokia Money, please contact your
    nearest Nokia Retailer and ask for further information on the service.

    Thank you

    P.S.: Nokia does not take out any lottery or give out any kind of prize, ever! You might be a victim of a fraud. Please be cautious in the future!

  • Sumit Grover

    Dear Sir,

    To get the benefits of Nokia Money, please contact your
    nearest Nokia Retailer and ask for further information on the service.

    Thank you

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