Wednesday, April 2, 2008
etisalat gears up to offer mobile remittance services
By Nadia Saleem, Gulf News Staff Reporter
Published: April 02, 2008, 00:01
Dubai: etisalat is poised to start offering mobile remittance services in June this year, a move that promises to help millions of expatriates send money in seconds instead of queueing at the exchange houses every month.
etisalat officials on Tuesday said it has started the mobile remittance pilot project to India in partnership with mashreq, Tata Communications, Idea Cellular and HSBC India.
It expects 350,000 users to avail the services next three years. Nearly 80 per cent of the UAE's more than five million population are expatriates, the majority of whom remit money regularly.
Posted by Umesh Ponnusamy at 1:15 AM