MoneyOnMobile Empowers Entrepreneurial Independence

MUMBAI, July 17, 2017 /PRNewswire/ —

Anjum, is a MoneyOnMobile retailer from Boisar, Maharashtra, India. Anjum’s story is of an Indian housewife who wanted to provide a comfortable lifestyle to her daughters, that is when she decided to start her own business by offering financial services to common people. Her husband stays out of India due to work and has been very supportive of her endeavor.

     (Photo: http://mma.prnewswire.com/media/536175/MoneyOnMobile_Retailer_Anjum.jpg )

     (Logo: http://photos.prnewswire.com/prnh/20161026/432722LOGO )

With access to a mobile payment platform, which enables retailers like her to offer money transfer, utility payments, and other financial services to customers, Anjum empowered herself to establish a successful retail business with more than four stores.

She now uses this opportunity to educate her daughters with the necessary life and entrepreneurial skills; by allowing them to visit her stores after their school hours. She believes that this will help them to become responsible adults of the new Digital India.

“We are happy to note that MoneyOnMobile’s platform provides entrepreneurial opportunities to all; especially to the aspiring womenfolk from all sections of the society, for securing their own and their families’ financial future. Women like Anjum and many others like her, have successfully grown their businesses since their association with MoneyOnMobile,” commented Mr. Ranjeet Oak, Jt. Managing Director of MoneyOnMobile.

About MoneyOnMobile: 

MoneyOnMobile is one of India’s largest mobile payment platforms, bringing the ability to make hassle-free payments to every person on the street. Over 170 million unique customers have transacted through our 330,000 plus retail merchants across India. Our reach in the remotest part of India makes us the stand alone prepaid instrument in the market today. Our core belief lies in providing service to the unbanked consumer, by the means of Financial Inclusion and self-dependence.

MoneyOnMobile, is authorized by the Reserve Bank of India (RBI) to set up a payment system that enables registered users to buy products and services from registered merchants. The MoneyOnMobile payment platform provides a safe, robust, and reliable mobile payment service in India that facilitates buying of products and services; including banking and financial services, in an easier and more convenient way.

Safe Harbor Statement

This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on August 19, 2016. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

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Media Contact:
Navaz Damania
navaz.damania@moneyonmobile.in
+91-9167122661
Vice-President of Corporate Communications
MoneyOnMobile