To promote cashless digital transactions, South Indian Bank (SIB) has introduced Aadhar-based payment in its Unified Payment Interface (UPI) mobile application- ‘SIB M-Pay’.
Even non-customers of South Indian Bank can link any of their bank accounts in this mobile application. With the latest addition in SIB M-Pay, the fund transfers can be done by just entering the Aadhar number of the beneficiary. SIB M-Pay app is currently available in Android Playstore.
Takeaways from above News-
- V G Mathew is the MD & CEO of South Indian Bank
- Headquarter of SIB is in Thrissur, Kerala
- South Indian Bank has launched UPI mobile application- SIB M-Pay
- Slogan of SIB is ‘Experience Next Generation Banking’.
If you have any other takeaways, do share with us in the comment section
Source- The Hindu