Nokia only recently showcased their smartphones equipped with the NFC technology. Now one of the country's leading wireless transactions...
The service in Villupuram district would be available initially from Pallavan Grama Bank and would later be extended to other banks.
Cashless transactions just got a shade better. Paymate, a U.S. based online payments facilitating service has rolled out WayPay...
The mobile application will enable the bank's customers to make utility bill payments, book movie tickets and airline tickets, and carry out fund transfers among a host of other facilities.
Lakshmi Vilas Bank customers will now be able to use their mobile to pay for mobile recharge, utility bills, movie and flight tickets, online purchases and retail shopping.
PayMate will now also offer holistic mobile banking applications, which will include non-financial transactions as well.
Currently, users of m-commerce perform a wide variety of transactions via mobile from paying of utility bills and purchase of movie tickets to shopping and holidays.
The alliance will enable IDBI Bank customers to use PayMate's convenient and secure mobile payment service and turn the tedious chore of paying regular utility bills into an effortless task.
Each PayMate transaction over automated IVR is secured by a stringent two-factor authentication, the mobile number and the m-PIN.
The key is letting a customer of any bank or credit card company make a payment to a customer of any other bank or credit card company.
ABN AMRO India clients will experience 'easy-convenient-secure' mode of making utility and online bill payments via mobile phones through a simple SMS.
Corporation Bank customers having LIC policies will now be able to pay their insurance premiums via SMS.
The service would allow customers to search, book and pay for tickets start-to finish on the mobile itself.