Teleservices is launching a new telecom device branded
`Parsec'' that will allow consumers to pay utility bills,
check their bank balance, buy movie tickets, transfer
money, buy railway or airline tickets, recharge pre-paid
card phones, send SMS and make a telephone call all
through a single device from a single point.
company is tying up with mobile electronic top up service
providers, banks, airlines ticketing service providers
and the IRCTC to roll out more than 1.5 lakh such devices
across the country in kirana stores and large retail
chains on the PCO booth model.
service provider Tata Telecom has proposed rolling out
over 1.5 lakh Parsec-enabled PCOs across India this
will target high-end PCO operators, hotels, restaurants
and banks and enable users to check movie reviews, music,
cricket scores, gaming, purchase airline tickets and
pay electricity bills.
the company is tying up with mobile electronic top-up
service providers, banks, airline booking agents and
electricity boards. TTSL has already tied up with ICICI
bank to process transactions and also get a certificate
from credit card issuers Mastercard and Visa.
company would deploy parsec terminals at its own cost
and charge ''rentals'' from banks for each parsec activated
with point of sale (POS) terminals.
an initial investment of Rs7,000-9,000, which is refundable,
shop owners would be able to provide a variety of services
that they do not physically stock or sell.
Indicom is also planning to set up such PCOs in rural
areas, providing information to farmers on weather,
seeds, fertilisers and commodity markets, he said.