South Indian Bank introduces Aadhar-based payment app

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

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