Vodafone applies for Payments Bank license

Indian mobile operator Vodafone India has filed an application with Reserve Bank of India (RBI) for the Payments Bank license, the company said in a statement Tuesday.

Vodafone

Vodafone is also seeking partnerships to deliver the service.

“We are keen and remain highly committed to building a Financially Inclusive business model leveraging our Telco strengths and experience in the mobile payments space, fully aligned with the Government and RBI’s vision,” a statement from Vodafone said.

editor@telecomlead.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Ofcom Q2 2025 Complaints Report: Plusnet, Utility Warehouse, and TalkTalk Lead UK Telecoms for Customer Satisfaction

Ofcom’s latest quarterly report reveals that customer complaints across...

Global Communications Providers to Reach $5.6 Trillion Revenue by 2030 Driven by 6G and AI Investments

The global communications providers (CP) market is entering a...

MTN Group Surpasses 300 mn Customers, Spotlight on Y’ello Care and Africa’s Digital Transformation

MTN Group has achieved a major milestone, reaching 300...

Bharti Airtel Strengthens Cloud and AI Capabilities with Partnerships with IBM and Google

Bharti Airtel has announced partnerships — with IBM and...