Airtel M Commerce Services Limited (AMSL) is a fully owned subsidiary of Bharti Airtel Limited, incorporated in 2010 and is based in Gurgaon. AMSL is available across 300 key cities in India - Airtel Money is a fast, simple and secure service that allows its users to load cash on their mobile devices and spend it to pay utility bills and recharges, shop at 7,000+ merchant outlets, transact online etc. Apart from serving as an easy alternative to cash / card payment options, airtel money has become the first mobile based service to offer customers the convenience of instant money transfer from an airtel money wallet to another airtel money wallet and bank accounts. With this, customers can use airtel money to make payments and transfer money across the country. Recently, The Reserve Bank has granted an ?in-principle' approval to Bharti Airtel for the payment bank. With this license, AMSL is poised to usher in a new era in banking and money management.