SEND MONEY ORDER THROUGH MOBILE ---INDIA POST READY TO DEDICATE THE SERVICE TO NATION

MONEY ORDER TRHOUGH SMS - TRAILS COMPLETED AND THE SERVICES ARE EXPECTED TO BE LAUNCHED SOON -- NEWS

Here is a good news for the customers of postal services. Now, the money orders will become hassle-free and can be disbursed via an SMS. The trials are completed and the services are expected to be launched soon.

The state-owned Bharat Sanchar Nigam Limited (BSNL) has developed a customized application to facilitate money order service to 155,000 post offices across India. BSNL is the technology enabler and this service will remain operator neutral.

Speaking to CIOL, BSNL CMD RK Upadhyay said that they are working as per the memorandum of understanding (MoU) signed with the department of post (DoP). "We are in the final stages of service rollout" he informed.

The government initially chose Bihar and Punjab to initiate the service since a lot of immigrant workers hail from these states.

India Posts Secretary, Manjula Prasher had on an earlier occasion told CIOL that mobile money orders would be a good initiative to help immigrant workers who remit money to their home states.

The project will empower designated post offices with mobile devices that have pre-embedded the application. While transferring, the remittance senders' need to furnish basic details that includes receivers' mobile number.

The receiver will get a 16-digit transaction code via SMS from which money can be claimed from a local post office. The government has planned to allow instant money order service up to Rs. 50,000.

INDIA POST SIGNS WITH INFOSYS FOR CORE BANKING

Infosys bagged CBS Contract @ Rs.700 crore

 

CBS-Contract signed with M/s. Infosys- MESSAGE FROM DIRECTOR( CBS)

I  am excited to share the news that the Department has signed the contract today with M/s Infosys Ltd for deploying CBS and ATMs in Post Offices.

Infosys , as System Integrator will deploy the CBS ( Finacle) and Insurance softwares. They have tied up with M/s NCR for installing ATMs and with Yelamanchilli (YCS) for the ATM switch and M/s IBM for central hardware. Data migration from legacy accounts is also part of their scope of work. The period of contract is 7 years which includes the Operations and Maintenance activities for this period. Infosys will also station one Project Manager in each of the circles to deliver the project in time. They will also run a helpdesk to resolve issues of our staff from post offices. The project will cover around 25,000 departmental offices in a period of 24 months. The CBS Rural ICT application will also be rolled out in 1.3 lakh branch offices. The identified 120 pilot offices will start CBS in 6 months and Pilot roll out will be completed in 9 months from T. T will be fixed shortly.

My thanks are due to Mr.A.S.Prasad, DDG (Financial Services) and Chairman of RFP committee for guiding us through the process. Sincere thanks to Mr.Kaushal Kishore, formerly GM (Finance) BD Directorate and now in Dept of Telecom -who was the Finance member of the committee- and Ms.Rajul Bhatt , Director-PMU for their help and support.

I would like to thank the NISG team of Shri.Vimal Kumar, Banking Consultant, Shri.Tarun ( Infrastructure) and Shri.Imocha Singh (Solution Expert) who played a critical role in the selection process of the vendors.

Thanks are due to all the following members who have worked with me at Directorate: Mr.Jayanth Kumar (now AD in Karnataka circle) who worked while drafting RFP, Mr.Keshav Rao (SBCO Supervisor from Karnataka) who worked in the middle phase and Shri.Basant Kumar Talan (Inspector) from Evaluation stage till date. This wouldn't have been possible with out their support.

NATARAJAN, Director( CBS)

Source : http://ipaspkarnataka.blogspot.in

FINAL LIST OF SELECTED POST OFFICE FOR INSTALLING ATMs

Final List of selected post offices for installing ATMs has been announced by the Directorate Of India Post on 17/07/2012.

Click the link below to download the list--


                                          FINAL LIST