Vodafone M-Pesa ties up with Punjab power utility

In Indian Affairs
August 1, 2016

Vodafone M-Pesa, a unique and innovative Digital Wallet service from Vodafone that offers Money Transfer, Bill & Utility Pay, Merchant Payments and Business Solutions, has partnered with Punjab State Power Corporation Limited (PSPCL), offering millions of people in Punjab a simple, easy-to-use option to 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 digitization of money for Cash holding population.

Vodafone has more than 3000+ outlets (or CashIn Points) including Vodafone Company owned stores, franchisees, and multi brand outlets in Punjab. These CashIn Points 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.

Customers across various segments can access M-Pesa on either a smart phone by downloading (Google Play store > M-Pesa customer app > Download > Register with basic credentials > Confirmation SMS > Login and change the PIN) the M-Pesa App or by dialing a USSD short-code (*400#) from any phone including any feature phone.

This facility is aimed at driving financial inclusion further along with providing the State Electricity Board subscribers in Punjab the benefit and comfort of making payments instantly. As an added benefit, new users of M-Pesa can earn 5% cashback on the payment made through the App (cashback of maximum Rs.50 each month for a period of 3 months).

About Vodafone India

Vodafone India is a 100% fully owned subsidiary of the Vodafone Group Plc. with operations across the country serving ~199.4 million customers. Commencing operations in India in 2007, Vodafone India is today a robust, award winning business and committed for the long term.

Vodafone has mobile operations in 26 countries, partners with mobile networks in 56 more, and has fixed broadband operations in 17 markets. As of June 30, 2016, Vodafone had 465 million mobile customers and 13.7 million fixed broadband customers.