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Last updated: 09 May, 2015  

MoneyOnMobile Joins Hands With to Crowdfund Relief for Nepal

PR Newswire | 08 May, 2015
MUMBAI: On April 25, 2015, an earthquake of magnitude 7.8 on the Richter scale ripped through Nepal and destroyed approximately 70,000 houses. Over 200,000 people have survived the calamity but have been rendered homeless and await food, water, medicines and shelter.

To do its bit to alleviate their problems, MoneyOnMobile joins hands with Catapooolt, the collaborative crowdfunding platform, and Oxfam India, an independent not-for-profit organization that aims to create an equal, just and sustainable society by empowering the underprivileged.

"Oxfam is on the ground in Nepal and providing clean drinking water, food, sanitation facilities and hygiene support to at least 350,000 survivors," says Zubin Zaman, Oxfam's Deputy Director for Humanitarian and DRR.

MoneyOnMobile is a mobile wallet provider specializing in micro-payments and shall enable its vast retail network of 250,000 touch-points and 11 million consumers to provide offline crowdfunding to Catapooolt by collecting donations from consumers and retailers.

Speaking on the occasion, Shashank Joshi, Managing Director, MMPL said, "We are happy that our mobile payment solution and our vast network of retail partners can be of help to reach resources to our friends in Nepal. We thank Catapooolt for taking us on board for this noble initiative and wish our friends at Oxfam all the very best in their endeavours."

According to Satish Kataria, Founder and CEO of Catapooolt, "The people of Nepal need your help. We are planning to currently raise Rs. 10 lakhs - and will extend the campaign as the requirements come up. Your smallest contribution can help provide food, water and shelter to thousands. The funds collected will be used for providing clean water, food, sanitation and hygiene support to the displaced people, and for building shelters for the homeless. Do your bit now."

About My Mobile Payments Ltd. and MoneyOnMobile 

My Mobile Payments Limited (MMPL) is one of India's leading mobile payment solutions company, operating through its 'MoneyOnMobile' brand, a service aimed at bringing quick, simple and efficient mobile payment solutions to everyone. MoneyOnMobile enables purchase of goods, making easy payment top-ups, payment of utility bills, DTH recharges and more, just with the click of a button. MoneyOnMobile is the first in India to have an application with multi-lingual capability for a service in this category. MoneyOnMobile earlier announced the launch of its domestic Mobile Money Order service for customers in January 2015. MoneyOnMobile is currently authorized by the Reserve Bank of India (RBI) to set up semi-closed payment system in India which enables registered users to buy good products and services from registered merchants. MMPL launched its PayJaldi solution for SME businesses to support invoicing and collect payments from their customers while providing services or selling goods. With MoneyOnMobile, Stop at Nothing Pay for Anything.

About Oxfam India 

Oxfam India's vision is to help create an equal, just and sustainable society by empowering the underprivileged. Oxfam India believes in the 'Right to Life with Dignity for All'. In addition to Nepal, our humanitarian teams respond to natural disasters, such as floods in Jammu & Kashmir, Uttarakhand, Cyclone Phailin in Odisha and conflict in Assam, with long term rehabilitation interventions.

About Catapooolt 

Catapooolt is amongst India's fastest growing crowdfunding and community engagement platforms - enabling ideas and social impact causes to connect with communities and thus access funds and other resources. Till date the platform has helped 30+ projects and has listed support from more than 1,200 contributors.

For any more queries, please contact:
Vipul Bondal
Veriitte Consulting

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