BSNL launched a pre paid card linked mobile wallet service.

State-run operator B.S.N.L launched a pre-paid card linked mobile wallet service which would allow its customers to transfer money, pay for services as well as withdraw cash of up to Rs 1 lakh. The wallet service, Speed Pay, allows a customer to load money even if he does not have a bank account. The money loaded in the mobile wallet can be transferred to a bank account and even withdrawn at bank branches or at B.S.N.L outlets.