State-run service provider BSNL and the Indian Postal Department have joined forces to provide money order service using mobile phones.BSNL and DoP are developing the software, which will use for providing money order service through mobile. The operator has been provided with the requirements of DoP for development of the software. As per a DoP official, software development is going on and rollout of the pilot is expected in August-September, 2012."The Department has signed an agreement with BSNL for providing money remittance.
The postal department will start the pilot service for a period of 6 months in Punjab, Bihar, Delhi and Kerala Circles. Under this facility, receiver of the money will get SMS for transaction and initially get cash at the nearest authorized post office by showing the message, the spokesperson said.
Under the pact, DoP will give commission to BSNL for each payment made and the commission will fluctuate on the amount transferred.