 "Obopay Enters The Indian market")
Obopay has announced its formal entry into the Indian market. Obobay India is headquartered in Bangalore and headed by Aditya Menon as Executive Director.
“It is a foregone conclusion that there are more people with mobile phones than bank accounts in India. Our aim is to reach every Indian with a mobile phone and enable them to make financial transactions from their cell phone, in partnership with banks The Indian market has both the need and maturity for a mobile payment service based on cutting edge technology and strategic business relationships,” said Aditya Menon, Executive Director, Obopay India
Services which Obopay India will bring to mobile users in India include, P2P Money Transfer, Prepaid Top up, Post Paid Bill Pay, MFI Payments & Collections, Salary Payments, Ticketing for Railways, Buses, Airlines, Cinemas and Events, Insurance Collections & Payments, International Money Transfer, Merchant Transactions, Brokerage Payments, Government Payments, Mobile and TV Content purchase and TV Merchandise.