Thursday, December 13, 2012

Sending money from kirana store via SMS


Remitting money from the kirana store in the neighbourhood or allowing cash withdrawal from your bank account through a text message has become possible, with private sector lenders starting to offer these services. YES Bank is partnering retail stores to allow customers in remitting money through these shops. "Curiosity killed the cat. In our case, curiosity gave us a new business strategy," Anand Bajaj, executive vice-president and chief innovation officer at YES Bank, told Business Standard.........

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