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Who needs cash!

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  • It's going to be your very own personal banker, the one who travels everywhere with you and all it demands is a recharge. No, we’re not talking about standing instructions or plastic cards. It’s mobile telephones, and how easy they’ve made our entire existence. Sample this: we are a forgetful lot...from forgetting important documents when we are rushing for a meeting, losing house keys, misplacing our wallets etc. But there’s someone who’ll beep and trace, and “all the time it’s tucked away nicely in our pocket or the grip of our palm. That’s the reason we’ve now brought in the concept of money on your mobile,” says Anand Shrivastav, Chairman and managing director of Beam, as he launches the all-new micro-payment service through mobile. Through this service, one can upload and redeem money from their mobile, that too without a bank or a bank account. “Just head to the market, buy a money recharge coupon and load it on your mobile. Shop through it, transfer money to another users account or simply gift it to someone and redeem the rest of the money through a franchise,” Shrivastav introduces a safe and convenient way to handle money, specially for those who do not have a permanent residence proof or other documents. Designed to empower about 60 per cent of the Indian population that is still not using banking facilities, with this you can recharge mobile phones, DTH, pay utility bills, send gift payments, buy air tickets or movie tickets — all with just a simple SMS, voice cals or

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