22 August 2017
Visit http://response.ncr.com

India's TimesofMoney launches e-mail payments portal

09 June 2006  |  3107 views  |  0 keyboard

Mumbai-based financial services provider TimesofMoney and Yes Bank have teamed to launch an e-mail-based payments platform, Wallet365.com.

Dubbing the online service an e-Wallet, TimesofMoney says the Web site will enable individuals and businesses with a valid e-mail address to send and receive payments, make bill payments and online purchases, instantly.

To send money, users login with their e-mail ID and PIN, enter the e-mail address of the recipient and submit a secret question known to the receiver. The money is then delivered to the receiver's Wallet365 account who can access the funds by logging in to their account and answering the secret question.

The service will be available in India and Yes Bank will act as payments transfer agent.




Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

PayPal launches m-payments service in the UK

PayPal launches m-payments service in the UK

26 April 2006  |  9501 views  |  0 comments
Nacha to pilot online authentication concept

Nacha to pilot online authentication concept

16 March 2006  |  8883 views  |  0 comments
Google e-payments system will not compete with PayPal, says CEO

Google e-payments system will not compete with PayPal, says CEO

22 June 2005  |  8027 views  |  0 comments
UseMyBank slams competing bank 'bully-boy' tactics

UseMyBank slams competing bank 'bully-boy' tactics

08 June 2005  |  8269 views  |  0 comments
US payments firm hit by online attack

US payments firm hit by online attack

23 September 2004  |  4309 views  |  0 comments
Microsoft selects GlobalCollect for online payments processing

Microsoft selects GlobalCollect for online payments processing

18 June 2004  |  3665 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.dorsum.euvisit www.vasco.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12501 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11047 views comments | 22 tweets | 34 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10274 views 0 | 6 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10215 views comments | 10 tweets | 8 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10145 views comments | 21 tweets | 34 linkedin

Featured job

Find your next job