Forget ATM, Now Withdraw Cash At Vodafone M-Pesa Outlets

Little exhausted with the long queues at the banks or ATMs? Fret not. You can now withdraw cash from over one lakh Vodafone M-Pesa outlets in the country, provided you have one M-Pesa account.

Yes, Vodafone today announced that its M-Pesa customers can withdraw cash from their digital wallet at any of the its retail outlets. The company claims it has over 8.4 million M-pesa customers. The company said it has made this service available in order to support the central government’s ‘bold step’ of demonetization.

“Vodafone M-Pesa customers do not need to stand in long queues outside ATMs and bank branches for cash. We have invested in building a nationwide network of over 120,000 M-Pesa outlets, equivalent to the numbers of bank branches in the country,” said Suresh Sethi, Business Head, Vodafone M-Pesa.

To avail the cash withdrawal facility, customers need to carry an identity proof to their nearest Vodafone M-Pesa outlet from where they can withdraw money, subject to availability, in line with RBI guidelines.

Vodafone said over 56% of these 1,20,000 outlets are located in the rural India, enabling last mile disbursement in the hinterland. The customers can visit any of these outlets and use the unique cash out feature of Vodafone M-Pesa to withdraw cash from their digital wallet at their convenience.

Further, the Vodafone M-Pesa digital wallet too can be easily digitally loaded via credit or debit card or net banking. Additionally, the Vodafone M-Pesa wallet can also be used to shop online, pay bills and remit money to family and friends.

To start using Vodafone M-Pesa, customers just need to download the Vodafone M-Pesa App. The App welcomes all M-Pesa users ((both Vodafone and non-Vodafone customers), intuitively and prompts existing users to Login and new users to register for M-Pesa. With the ‘M-Pesa App’, consumers can very conveniently recharge their mobile & DTH, pay their Post-paid, Electricity, Gas and Landline bills from their mobile with a click of few buttons. As a special gesture, the customers can load their wallets using, debit cards, credit cards and net banking free of cost.

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