ICICI Bank Launches In-Store Mobile-Based Payments With 'mVisa'
With the introduction of mVisa, we continue to focus on delivering world class innovative payment solutions that help merchants win in their businesses every day. The rise of smartphones & surge in electronic payment acceptance has carved the way for this innovative yet cost efficient payment product. Going forward, we will continue to deliver leading & technologically advanced electronic payment solutions, transforming the way business is done.” ICICI Merchant Services is the company who enrolls merchants for accepting ‘mVisa’ payments for purchases.
To start with, this facility has been introduced in Bengaluru with 1500 merchants. The Bank will shortly extend this facility to other cities as well.
To know more about this facility, please visit http://www.icicibank.com/html/en/Personal-Banking/insta-banking/internet-banking/Pockets/m-visa.html.
The availability of electronic payments using debit card through mobile phone is a new addition to ‘PocketsbyICICIBank’, the country’s first digital bank. It also offers the most comprehensive digital wallet from a bank that allows anyone to download and start transacting instantly. The wallet allows users to send money using e-mail id, mobile number, Whatsapp or bank account. Users can pay bills, recharge mobiles, book movie tickets, send physical & e-gifts, split and share expenses with friends.
‘Pockets’ uses a virtual Visa card which enables the users to transact on any website or mobile application in India. Customers can also request for a physical card to use it at any retail outlet. ‘Pockets’ has garnered over two million downloads in just a few months since its launch.
ICICI Bank services its large customer base through a multi-channel delivery network of 4052 branches, 12811 ATMs (at June 30, 2015), call center, internet banking (www.icicibank.com), mobile banking, banking on Facebook & Twitter and ‘Pockets’. For news and updates, visit www.icicibank.com and follow us on twitter at www.twitter.com/ICICIBank.
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