PayMate And Muthoot Finance
CORPORATE/FINANCE PayMate And Muthoot Finance Launch Domestic Money Transfer Service Across India With no sender’s bank account required for remittance, unbanked users to benefit the most Mumbai, October 10th, 2012 : PayMate India Pvt. Ltd – India’s leading mobile payment solutions company today announced a nationwide launch of its unique PayMate Money Transfer service in collaboration with Muthoot Finance Ltd, the largest gold financing company in India. Customers can now send and receive money in a convenient, fast and secure way. The service is being launched initially at branches of Muthoot Finance in Kochi and Mumbai, the only branches accepting Sender requests for now. Sender requests acceptance will gradually grow across all branches. The transfers can happen to anyone (Recipient) across India. With today’s announcement, Muthoot Finance locations in the designated cities are authorized to initiate and fulfill domestic money transfers via ...