Indian Bank rolls out UPI app

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UPI helps users transfer money securely & safely. Axis Pay is a Unified Payment Interface (UPI) which helps users transfer money via VPA.

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Upi App

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Indian Bank rolls out UPI app Indian Bank has introduced a few technology products, including one that aims to tackle transactions with ease, following demonetization . The Chennai-headquartered public sector bank has joined the list of banks that have rolled out UPI app (Unified Payment Interface ).

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The app will enable Indian Bank customers to send and receive money using their smartphones. UPI app is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing and merchant payments, according to a statement.

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It introduced USSD banking, under which customers and merchants can register their details through their mobile phone by calling *99*58#.   This unique platform will empower the customers to make payment directly to, among others, a mobile number and virtual public address without internet connection.

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Indian Bank has also launched a Upi App application tracker for customers. These initiatives were unveiled by Mahesh Kumar Jain, MD & CEO, and AS Rajeev, Executive Director, at the bank’s headquarters in Chennai on Monday . Source:[https://goo.gl/ME1AAE]

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Click to know more on “ Upi App ” https://play.google.com/store/apps/details?id=com.upi.axispay

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