INSUBCONTINENT EXCLUSIVE:
Interface ID to its digital wallet 'pockets', marking an exit from the current practice which demands such IDs to be linked with a savings
With this facility, the country's second-largest private bank will enable customers to make UPI payments with the 'pockets' digital wallet
According to a statement shared by ICICI Bank on Wednesday, May 26, the new users, including those who are not customers of the bank, can
now instantly get a UPI ID, which is automatically linked to 'pockets'
account to use a UPI ID on the 'pockets' app
is the registered mobile number.There are no bank account details required for the creation of the UPI ID, according to ICICI Bank.Users can
app.Making UPI payments With ICICI Bank's 'Pockets' Digital Wallet: How will it benefit customers?This new facility will allow customers
sending money to any individual's bank account or paying to a contact.Users can also undertake person to merchant (P2M) payments such
make using the wallet.On Wednesday, May 26, shares of ICICI Bank settled 0.42 per cent higher at Rs 652.55 apiece on the BSE.
