MoneyOnMobile, Enfold And Microsoft Join Forces


MUMBAI: MoneyOnMobile and Enfold signed an agreement to provide digital lockers for the 170 million individuals that constitute MoneyOnMobiles unique user base

MoneyOnMobile is a leading provider of financial services via-mobile phone in India. It currently processes over US$ 1 billion through its systems on an annual basis and has delivered services to over 170 million Indians directly and through its 310,000 channel partners and retail outlets across the country.

Enfold is a leading provider of white-label digital lockers worldwide, with a particular focus on the telecom, banking and insurance sectors. It is backed by a range of investors, led by the Shapoorji Pallonji Group of Mumbai, India.

The digital locker service will be hosted on Microsofts Azure data centers located in India. The agreement is unprecedented - it covers more than 12% of Indias population, and is by far the largest deployment of digital lockers in the world. It provides a very large number of people with the ability to securely store their important personal documents - Aadhaar card, PAN card, various certificates, photos, videos - any digital file they want - including transaction receipts each time they use the MoneOnMobile service. Documents can be added to the lockers via email, fax, upload and via photos taken by smartphone cameras.

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Source: PTI