Vodafone Welcomes government’s initiative to allow old denomination Rs 500 notes for prepaid recharges

vodafoneWelcoming the Government’s initiative to allow old currency for prepaid recharges, Mr. Sunil Sood, MD & CEO, Vodafone India, said, “We thank the government for allowing prepaid top up recharges up to INR 500 in old currency. This move will benefit millions of prepaid users as they will be able to continue to use their mobile phones to stay connected, communicate and also undertake transactions digitally. At Vodafone, we are actively supporting the Government’s focused initiatives to accelerate India’s progression into a digital economy. We are leveraging the reach of mobile technology to drive financial inclusion with Vodafone M-Pesa. It offers the convenience of a digital wallet for easy transactions and the unique cash out feature of Vodafone M-Pesa makes it the ideal digital wallet for masses, enabling users to digitise cash, remit it to family and friends, pay bills and/or withdraw it at their convenience from over 120,000 touch points across the country. We have also waived off all USSD charges levied on mobile banking till 31 December 2016”