ICICI Financial institution has revealed that its financial savings account prospects can now pay and handle their bank card dues of any financial institution utilizing the financial institution’s cell app, iMobile Pay. Prospects can rapidly add bank cards from any financial institution to the app after which pay and handle their payments anytime and wherever. In response to the announcement ICICI Financial institution has mentioned that it gives improved comfort to prospects, who usually use a number of bank cards, by offering them a one-stop answer for managing all their playing cards with ease, in a secure and safe method.
“The brand new function additionally eliminates the trouble of visiting quite a few web sites by prospects to handle or pay dues of a number of playing cards. Moreover, prospects can set invoice cost reminders, view cost historical past of all playing cards, share cost affirmation by WhatsApp, and handle and alter due dates as per the billing cycle of their playing cards,” ICICI Financial institution confirmed in its public announcement.
“ICICI Financial institution at all times strives to introduce options to enhance the comfort of shoppers and improve their banking expertise. This new function on the Financial institution’s state-of-the-art cell banking app is a sworn statement of this endeavour. With a big part of shoppers utilizing a number of playing cards for his or her numerous wants, this new answer goals to assist them decongest the method of their bank card invoice funds. It gives them the comfort of a one-stop cost answer for all their bank cards on one platform, and saves them the trouble of juggling between a number of portals for funds,” mentioned Mr. Bijith Bhaskar, Head – Digital Channels & Partnership.
The financial institution’s cutting-edge cell banking utility, iMobile Pay, options over 350 companies. In December 2020, ICICI Financial institution renamed the app, which was beforehand generally known as ‘iMobile,’ to ‘iMobile Pay,’ and started providing funds and banking features to prospects of any financial institution. This industry-first initiative supplies substantial flexibility by permitting prospects of any financial institution to hyperlink their accounts to the app and start conducting on-line or cashless funds and transactions.
“It additionally supplied them entry to a whole vary of companies together with financial savings account, dwelling mortgage, bank card, private mortgage amongst others from the consolation and security of their dwelling in these difficult instances of the pandemic. Through the years, the banking app has been adjudged among the many finest on the planet for its big selection of companies, user-friendly functionalities and intuitive design,” ICICI Financial institution reported on sixth September 2021.
The best way to pay bank card dues utilizing ICICI Financial institution’s iMobile Pay?
The financial institution has said the next steps which prospects can comply with to make use of the brand new service:
- Login to iMobile Pay and choose ‘Playing cards and Foreign exchange’ part
- Go to ‘Different Financial institution Credit score Card’
- Faucet on ‘Add a card’ and enter the required particulars
- Authenticate the OTP despatched on the registered cell quantity and card will probably be added immediately
- As soon as the cardboard is added, it may be seen and managed beneath the “Different Financial institution Credit score Card” tab.
ICICI Financial institution Ltd is India’s largest non-public financial institution. On June 30, 2021, the financial institution’s consolidated internet property have been at Rs 15,72,772 crore. ICICI Financial institution’s subsidiaries embrace a few of India’s high non-public fairness companies, in addition to the nation’s main non-public sector insurance coverage, asset administration, and securities brokerage corporations in India and throughout 15 international locations.
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Story first revealed: Wednesday, September 8, 2021, 8:10 [IST]