Anil Ambani-led Reliance Communications on Thursday said it has launched a facility to transfer money through mobile phones across the country, along with ICICI Bank, the biggest domestic private sector lender.
"We believe M-commerce will be the next big thing. Our association with ICICI Bank brings a paradigm shift in the way money transfer business is conducted in India, which is predominantly being done through the banks and other agencies," company's head product development Anil Pande was quoted in a filing to BSE.
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