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Pay dues of credit cards of any bank instantly with ICICI Bank s iMobile Pay app

Pay dues of credit cards of any bank instantly with ICICI Bank s iMobile Pay app
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ICICI Bank launches facility to link UPI ID with digital wallet

ICICI Bank links UPI ID facility to its Pockets digital wallet

Mumbai: ICICI Bank today announced the launch of a unique facility of linking a UPI (Unified Payments Interface) ID to its digital wallet ’Pockets’, marking a departure from the current practice that demands such IDs be linked with a savings bank account. New users, including those who are not customers of ICICI Bank, can now instantly get a UPI ID, which is automatically linked to ‘Pockets’. Further, customers who already have a UPI ID, will get a new ID when they log on to the ‘Pockets’ app. This initiative enables users to undertake small value everyday transactions directly from their ‘Pockets’ wallet using UPI in a safe and secure manner. It helps them to streamline the number of transactions being undertaken daily from their savings account and thus de-clutter their savings account statement of multiple entries. Further, it expands the convenient usage of UPI to young adults like college students, who may not have a savings account.

Icici registers one million users from other banks for mobile payments super app

Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Icici registers one million users from other banks for mobile payments super app 08 March 2021 3 India s Icici Bank says one million customers of other banks have started using its iMobile Pay app just three months after it opened up the service to the general public. To start using ‘iMobile Pay’, customers of any bank can link their bank account with the app, generate a UPI ID and start paying to any UPI ID or merchants, pay bills, do online recharges and transfer money to any bank account, payment app and digital wallet. In addition, they can open a savings account and apply for a home loan or credit card with Icici.

10 lakh customers of other banks using ICICI Bank s mobile app

10 lakh customers of other banks using ICICI Bank’s mobile app March 04, 2021 Private sector lender expects the number to double over the next two months As many as 10 lakh customers of other banks are using ICICI Bank’s revamped mobile banking app - ‘iMobile Pay’ and the private sector lender expects the number to double over the next two months. “The bank has achieved the feat in a shade over three months after it made ‘iMobile Pay’ open for all to use, including those who are not its customers. Going by the encouraging response received by this unique initiative that offers interoperability to bank customers, ICICI Bank anticipates that the number is likely to double in two months,” it said in a statement on Thursday.

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