Foodtech giant, Swiggy has launched its digital wallet in partnership with ICICI Bank. The digital wallet named ‘Swiggy Money’, will provide users with a single-click checkout experience. Through this partnership, Swiggy customers allow storing money to be used for orders on the platform.
Swiggy has used ICICI Bank’s ‘insta wallet service’ built on its cloud platform which allows the Foodtech to create a digital wallet instantaneously for customers. The service shall also be open to customers who do not bank with ICICI, who will, however, be required to provide details of a government ID to the bank.
Important takeaways for all competitive exams:
- Headquarters of Swiggy: Bengaluru, Karnataka.
- CEO of Swiggy: Sriharsha Majety.
- Headquarters ICICI Bank: Mumbai, Maharashtra.
- CEO of ICICI Bank: Sandeep Bakhshi.
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