Airtel Selects Infosys for Mobile Wallet Service

India’s leading telecom service provider Bharati Airtel has selected IT major Infosys Ltd to manage its 'mobile wallet' service across the country, enabling cashless payments and money transfers.

As part of the multi-year deal, both the partners will jointly create a business model for m-commerce and offer customers a secure environment for cashless transactions using Infosys' WalletEdge mobile commerce platform.

The platform will also enable 'Airtel money' customers to pay bills, recharge accounts, shop at over 7,000 merchant outlets, transact online through multiple channels, including mobile phones, interactive voice response, ATMs (automatic teller machines) and point-of-sale.

As the country's first-of-its-kind mobile wallet service, Airtel money will empower customers to transfer money instantly and play a key role in achieving financial inclusion.