Dear Comrades,
October 17, 2011: thehindubusinessline.com
But the biggest surprise for online payments comes from our humble Post Office! The postal department, often derided for sloppy service, has a service called Beam that is similar to Airtel Money. Once you register with Beam, you can load money into your Beam account through post offices or online and use it to book train tickets, recharge your phone and DTH accounts, and make utility bill payments. The service has just been launched and will soon include payments for online shopping or at physical stores. I was sceptical about Beam initially, but was pleasantly surprised to find that the registration process was easy and the service efficient. Now my respect for the humble post office has gone up several notches!
So, as Google takes its own sweet time to bring Google Wallet to India, I am glad that I have my desi wallet services to fall back upon.
October 17, 2011: thehindubusinessline.com
