Obopay expands into India

April 4th, 2008

As some of you probably already heard, we have officially expanded into India! About a week ago, we announced that we just reached a partnership with YES bank.

Taken directly from our press release:

“With Obopay, YES BANK customers securely and instantly transfer money to and from any mobile phone number with Obopay’s mobile application, text message or mobile Web. YES BANK customers can instantly withdraw cash received using their YES BANK debit card.”

Read the whole press release on Forbes.

India’s mobile market is growing fast. For 2008, they have been adding more than 8 million customers a month! Needless to say, we are really excited about this new opportunity.