Prepaid mall is an innovative service which aims to bring you all types of services and products to consumers when they want it, where they want it, and how they want it. In short PREPAID MALL PVT LTD, (PREPAID MALL) a multi-national company headquartered in Mumbai, India. The aim of PREPAID MALL is to be an instrument of financial inclusion, for the bottom of the pyramid people of India, leveraging cutting-edge wireless and mobile payment technologies, in an IT enabled network environment.
Prepaidmall provides a complete suite of telecommunications and distribution servicesspecializing in international communications products and cross-borderexpansion of pre-paid products and services. PMís operational reachextends throughout the United States, and into the Asia. PMísmobile payment service launched its operations in Mumbai in the year. showcasebrand (PM) is an electronic prepaid payment instrument mobilephone users.
PM offers any mobile phone user the flexibility and convenienceto top up their talk time and DTH account, purchase air, bus or movie ticketsanytime in addition to having the option of paying utility bills anywhere usingour mobile platform. PM service operates independent of the consumerísmobile operator or bank, and hence any mobile subscriber can benefit from theseservices.
PM retail base consists of over 60,000 retailers and will rapidly expandingacross pan-India, who are in turn serviced by its 1,000 distributors and 15C&Fs. PMís distribution footprint spans to over 200 cities. Recently PM has also received the RBIís approval to launch financialservices on mobile phones. PM, is prepared to launch its services to the Indianmarket this December (2011). Consumers will now have the option of loadingtheir mobile phones with prepaid cash for use of purchasing goods and servicesat retail outlets.