Federal Bank and Reliance Jio Money join hands for one-click payment service
Advertisement
Advertisement
Also read: MobiKwik’s parent raises $50million in funding
This agreement would allow its customers to transact without funding the wallet, by directly paying from their account for the services that the wallet offers. Through this arrangement, customers will be able to retain cash in their account and use it only when they actually pay for something. Generally, users are required to feed money in their wallets, which could be lying there when not used.
Also read: Samsung to use Samsung Pay in fight against rival Apple
"This arrangement would empower customers to retain the funds with their accounts while enjoying the host of services available in the App. Bank is very keen on improving customer experience in the digital space and will be coming up with lot more arrangements and innovations to excite the customers,"
Advertisement
Also read: You can now send and receive money on WhatsApp using FreeCharge
Image source
Advertisement
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market