Digital wallet player Vodafone M-Pesa today said its customers can withdraw cash from its 1.2 lakh outlets across the country.
"Vodafone M-Pesa customers do not need to stand in long queues outside ATMs and bank branches for cash. We have invested in building a nationwide network of over 120,000 M-Pesa outlets, equivalent to the numbers of bank branches in the country.
"Our customers can visit any of these outlets and use the unique cash out feature of Vodafone M-Pesa to withdraw cash from their digital wallet at their convenience," Vodafone M-Pesa Business head Suresh Sethi said in a statement.
Also Read
Over 56 per cent of these outlets are located in rural parts of the country, the statement said.
Vodafone has over 8.4 million plus Vodafone M-Pesa customers who can withdraw cash using their digital wallet from any of Vodafone M-Pesa outlets across the country, subject to availability.
To avail the cash withdrawal facility, customers need to carry an identity proof to their nearest Vodafone M-Pesa outlet from where they can withdraw money, subject to availability, in line with RBI guidelines, the statement said.
Further, the Vodafone M-Pesa digital wallet too can be easily digitally loaded via credit or debit card or net banking.
The wallet can also be used to shop online, pay bills and remit money to family and friends.
Disclaimer: No Business Standard Journalist was involved in creation of this content
