Indian state-owned Bharat Sanchar Nigam Ltd (BSNL) has unveiled its digital wallet (mobile payment App) in partnership with MobiKwik to enable one-tap bill payment for its over 100 million subscribers.

The wallet has been developed and issued by MobiKwik on behalf of BSNL. The subscribers will be able to use the digital wallet at over 1.5 million merchants across India. The app - BSNL Wallet can be downloaded from here.

The digital wallet is in line with the telecom corporation’s intent to take the reach of digital payments to semi-urban and rural India, a BSNL statement said.

BSNL says that with the app its customers will have a new way to recharge their phone, pay their milkman, domestic help, groceries, book bus and train tickets.

To recall, in July 2015 BSNL had launched another similar mobile wallet app called SpeedPay, which the company could have improvised and enhanced further instead of launching a new mobile wallet altogether.

Earlier this month, MobiKwik Co-founder Upasana Taku did hinted out about this progress when she said in a statement that Mobikwik is becoming India's first debit plus credit wallet, where people could have exclusive credit lines, credit cards and EMI cards mapped through the app.

Launching the digital wallet, telecom minister Manoj Sinha said, "With this co-branded wallet, the ease of payment will be extended to all the customers while equally strengthening financial inclusion in the rural hinterlands, which often get neglected".

BSNL chairman Anupam Srivastava said the partnership will ensure that all its 100 million customers are able to "seamlessly and conveniently transact and make mobile and other financial payments through the co-branded MobiKwik wallet". Srivastava said the wallet will work on both smartphone and feature phones.

BSNL claimed that with over 1.5 million merchants on the network, this is India’s largest wallet by any telecom company.

The alliance with BSNL will "empower masses in India with access to dependable internet connectivity and digital payments", Bipin Preet Singh, founder and CEO of MobiKwik said. The BSNL wallet will enable people to pay bills, recharge their phone connections and pay for their daily purchases, he added.

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