airtel M Commerce Services Limited (AMSL) is a fully owned subsidiary of Bharti airtel Limited. AMSL's flagship product is semi-closed wallet - launched under the brand name 'airtel Money'. Semi-closed wallet is a prepaid payment instruments that is redeemable at a group of clearly-identified merchant locations/ establishments, which contract specifically with the issuer (AMSL is the issuer in this case) to accept the payment instrument. These instruments do not permit cash withdrawal or redemption by the customer.