Maxis unveils cell phone money transferMalaysia’s top mobile phone operator Maxis has tied up with the Philippines’ Globe Telecom to introduce a new mobile international money transfer service called M-money (but this is not a first, as they claim - see links below), enabling thousands of Filipino workers in Malaysia to remit money to their families back home. Associated Press reports.
“Under the system, Maxis customers can wire up to 500 ringgit ($143) per transaction to Globe subscribers in the Philippines, who can retrieve the money at Globe’s 6,000 outlets, the statement said.
Maxis customers must cash in the money with Maxis before making any overseas remittance and are charged only a five ringgit ($1.47) service fee per transaction, less than half the fee that bank charges, it added.”
Wireless Mobile Telecom Wireless News
RSS feeds available for 