ICICI Bank announced Monday that it has enabled its savings account holders to instantly pay and manage credit card dues from any bank using the lender’s mobile application ‘iMobile Pay’. The private lender stated in a release that “customers can add credit cards from any bank to the app in seconds and then pay and manage their dues from the same app.” The new facility brings greater convenience to customers, who typically use multiple credit cards, by providing them with a one-stop solution for easily managing all their cards, added ICICI Bank.
The new facility brings greater convenience to customers, who typically use multiple credit cards, by providing them with a one-stop solution for easily managing all their cards, added ICICI Bank.
Some of the other benefits offered by the bank include setting up payment reminders for invoices, viewing payment history of all cards, sharing payment confirmations via WhatsApp, and managing/changing due dates according to the billing cycle.
Mr Bijith Bhaskar, Head – Digital Channels & Partnership said: “As a large proportion of customers use multiple cards for their different needs, this new solution aims to help them ease the burden on their credit card payments process. convenience of a one-stop payment solution for all their credit cards on one platform, saving them the hassle of juggling between multiple payment portals.”
Here’s how customers can use the facility:
* Login to iMobile Pay and select the ‘Cards and Forex’ section
* Go to ‘Other Bank Credit Card’
* Tap ‘Add a card’ and enter the required details
* Authenticate the OTP (one-time password) sent on the registered mobile number and the card will be added immediately
* Once the card is added, it can be viewed and managed under the ‘Other bank credit card’ tab
Meanwhile, ICICI Bank shares traded 0.55% lower in late deals.