Advertisment

Use your ATM to top up your mobile

author-image
CIOL Bureau
Updated On
New Update

CHENNAI: Chennai-based Financial Software and Systems Pvt Ltd (FSS) has signed-up with Karur-based Karur Vysya Bank (KVB) for providing its FSSNet offering 'Mobile top-up' service through the bank's ATM network.



Launching the service, KVB chairman PT Kuppuswamy said, "Any KVB cardholder can recharge his/her prepaid mobile connections of any mobile service operator (MSO) by purchasing the recharge coupons over the bank's ATM network."



Under mobile top-up, the bank's customers can walk in to the ATM anytime and carry the prepaid products printed in the ATM receipt or through an SMS. This service is free of cost in case of registered users. "However, in the case of non-KVB customers, nominal service charges would be levied per transaction," Kuppuswamy informed.



"We have been using the FSSNet ASP services for over three years and are currently working with the FSS team to enhance the relationship to cover other delivery channels and avail additional services from FSS," he added.



Speaking about the FSSNet service, FSS MD Nagaraj Mylandla said, "For providing these services, we have recently tied-up with India Prepaid Services (P) Ltd, an aggregator with all leading MSOs including Airtel, Hutch, Idea, Reliance, BSNL and Tata Indicom, whose service is branded as Oxigen."



"Banks opting for FSSNet can offer entire range of pre-paid products over ATMs and other delivery channels for all mobile service operators in India. The bank card holder can initiate a request for all mobile top-up either through bank's ATM or through an SMS," he further informed.



Further, Mylandla said that around 22 banks all over India have signed in for FSSNet services and about 15 banks are connected to the FSSNet network interconnected through FSSNet network in Tidel Park, Chennai. "Today, FSS has 500 ATMs connected to the FSSNet and we hope to increase it to 2,000 by the end of this year," he added.

tech-news