Mobisafar Services Private Limited risk score

Mobisafar, established as an innovative player in the financial services sector, focuses on enhancing the accessibility of banking and payment services across India. As a leading neo-banking platform, the company leverages a robust network of agents to provide a comprehensive array of services through its semi-closed wallet system. This includes Domestic Money Transfer (DMT), cash withdrawal facilities, Mini ATM services via Aadhaar Enabled Payment System (AEPS), PAN Card registrations, and an assortment of utilities like travel bookings, insurance, and bill payment services through Bharat Bill Payment System (BBPS), along with Indo-Nepal Money Transfer options.

What sets Mobisafar apart is its strategic vision to cultivate an expansive banking infrastructure that is not merely available but also easily accessible to everyday Indians, encompassing both urban and rural demographics. The company is dedicated to narrowing the divide between the availability and accessibility of straightforward banking solutions, ensuring financial services are within the reach of the common man.

Today, Mobisafar’s Customer Service Point (CSP) network, which includes a significant deployment of micro ATMs, extends across 24 states, illustrating a commitment to extensive geographic coverage. This network plays a crucial role in empowering local communities by providing reliable financial tools and fostering economic inclusion.

Mobisafar operates under strict compliance with relevant financial regulations to ensure the security and integrity of its services and client transactions. As it continues to expand its services and network, Mobisafar remains focused on its mission to make basic banking functions more inclusive, driving financial literacy and stability throughout India.