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Airtel-Money

Airtel Money

Airtel money in simple words, is a mobile wallet. You can "load cash" on your mobile and use it to send money or spend on just about anything - from wherever you are, in the touch of a button. Airtel money has various advantages. Some of the major advantages of Airtel money are;

Convenience: The foremost advantage is Money can be transferred to ANYONE, from Anywhere, in anytime

Freedom: Secondly, NO CASH handling is required, and it also avoids the long QUEUES we face in bank

Best Value: Exclusive Airtel offers are given to customers who use this facility. That in turn gives the customer a great value for money

Safety: Lastly, the customer need not worry about the safety issues involved in the transaction. It is secured by a 4 digit mPIN

Types of Accounts and its Facilities There are two types of accounts, They are :

1. Express Account:

  • Spending : Utilities (airtel, electricity, air & rail tickets)

  • Sending : not allowed

  • Daily limit: Rs. 10,000

  • Registration: Dial* 400# OR visit www.airtelmoney.in

  • Time Taken: Instant

2. Power Account:

  • Spending: All merchants (utilities, movies, shopping, restaurants etc.)

  • Sending: Airtel money numbers, bank accounts (NEFT / MMID)

  • Daily limit: Rs. 50, 000

  • Registration: Authorized Airtel money outlet (form+photo+documents)

  • Time Taken: 7 days (until then all express account services are active)

About the Author

G.Prashanth Rao is currently the Head of buisness development at OYO.