Vodafone India has partnered with the ICICI Bank to launch the money transfer service, ?M-Pesa? in Bihar and Jharkhand.

The service is aimed at extending banking services to areas where banking network and financial penetration is inadequate.

Using their M-Pesa account, users will be able to deposit and withdraw cash from designated outlets, transfer money to any mobile phone in the country, pay their utility bills, recharge their mobile phones and shop at select outlets.