Now, Send Money Using Only Mobile Number.
Garima Vaish
(Editor DERIK TIMES)
ICICI Bank on Wednesday launched a facility under which an account holder can transfer money to a mobile phone user in the country even without the latter having an account with any lender.
A customer having a savings account with ICICI bank can initiate a fund transfer using online banking by providing only the mobile number and address of the beneficiary, the company’s largest private lender said in a statement.
Why? The bank’s executive director stated that he foresees tremendous growth potential in the usage of electronic payments. This innovative service will further empower our customers as well as their families by giving access to instant money even without having a bank account or a debit card.
Key people. Rajiv Sabharwal
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