MoneyOnMobile to provide digital lockers to its 170mn users

BANGALORE, INDIA: Mobile payment solutions Company, MoneyOnMobile has partnered Enfold to provide digital lockers to its customer base of about 170 million.

Enfold is a leading provider of white-label digital lockers worldwide, with a particular focus on the telecom, banking and insurance sectors. It is backed by a range of investors, led by the Shapoorji Pallonji Group.

By covering more than 12% of India’s population, and is by far the largest deployment of digital lockers in the world.

“Our digital locker is a major convenience for our customers, as it provides them with a secure and very functional single common place to store and manage receipts for not just all the various financial services we provide, but also any other digital file they want to store” said Ranjeet Oak, CEO of MoneyOnMobile. “We also intend to apply for empanelment as a National Digital Locker provider as soon as possible to bring millions of our customers into Prime Minister’s Digital India mandate.”

“The current plan is to provide a core of highly functional features in all lockers, with additional features to increase the range of offerings as demand grows,” said K. Digvijay Singh of Enfold India Pvt. Ltd.

The digital locker service will be hosted on Microsoft’s Azure data centers located in India.

It provides a very large number of people with the ability to securely store their important personal documents – Aadhaar card, PAN card, various certificates, photos, videos – any digital file they want – including transaction receipts each time they use the MoneyOnMobile service. Documents can be added to the lockers via email, fax, upload and via photos taken by smartphone cameras.

“Enfold’s agreement with MoneyOnMobile illustrates the value that Microsoft Cloud is bringing to the Indian market” said Mark Ozur, Partner Architect and General Manager with Microsoft’s Azure team.