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MoneyOnMobile Doubles Limit for Domestic Transfer Business

MoneyOnMobile, Inc. (OTCQX: MOMT) announced an agreement with YES! Bank which provides its Indian subsidiary a 100% increase in the daily processing limits for the domestic money transfer business, also known as Domestic Remittances or Person to Person (P2P) transfers.

"We see strong demand for Domestic Remittances throughout India and have been constrained by the limits of our processing volume. We believe this expanded agreement will allow MoneyOnMobile to capitalize on this demand and

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