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May 2012
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How does airtel money work?

Airtel has expanded its Airtel Money, Mobile Payment Service that is certainly now accessible in 300+ key cities across India. This enables the Airtel Income users load cash on their mobile devices and devote it to spend utility bills and recharges, store at 7,000+ merchant outlets, transact online and so on. They introduced the Airtel Income services last year starting with Delhi NCR and expanded it to Chennai in 2011.They also provide instant cash transfer from an Airtel funds wallet to an additional airtel money wallet and bank accounts. They plan to offer exclusive discounts and desirable gives at various merchant outlets in the market to save money in future.

Airtel has tied up with 1,800 brands across the nation including, state electricity boards viz. BSES, Reliance Energy, Indraprastha Gas, telecom (BSNL/MTNL) and insurance (LIC) and mutual funds, organized retailers too as neighborhood chemists and grocery shops who will now accept payments by way of Airtel cash. They plan to support on the internet web sites including Flipkart, Yatra, Letsbuy and so on. in future.

Airtel mobile customers can self register for airtel money Express Account by dialling *400# from their mobile phones or subscribe to the service by walking into any of the 15,000 plus airtel funds outlets across the leading 300 cities of India and submitting the needed KYC documents.Under the Express service, Airtel users can take pleasure in services like paying utility bills like electricity, mobile recharge, gas etc. Users of this service can spend up to Rs 10,000 everyday by uploading cash on their Airtel Income account.Airtel Money Power Accounts delivers lot a lot of services than the Express account. Users with Power accounts can apart from paying utility bills can use their mobile to store at merchant outlets.

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