IndusInd Bank introduces instant payment solution, QuickPay

MUMBAI: IndusInd Bank has come out with its customer responsive service called QuickPay, which helps bank customers to send money instantly to their personal contacts or business parties through SMS, e-mail and social media platforms, sans any beneficiary bank account details.

The sender can simply go to the bank website and transfer money to the recipient instantly, by just filling the e-mail Id or mobile number of the receiver. Moreover, customers can choose to send E-Gift Cards through the QuickPay platform.

An IndusInd Bank customer can initiate a Quickpay transfer from the bank’s website or using the Net Banking instantly with a personalized message and with the choice of greeting. The sender gets a ‘Quick code’ that is shared with the recipient for completing the transfer. Quickpay happens via NPCI’s Immediate Payment Service (IMPS Person to Account) that is instant and 24X7.

Ritesh Raj Saxena, Head – Savings, Digital and Payments Business, IndusInd Bank, said “IndusInd Bank’s QuickPay service is aimed at delighting the customers in the digital age. Today’s young and digitally savvy customers expect payments to happen instantly and seamlessly. This service empowers IndusInd Bank consumers to send money to anybody, anywhere on a real time basis via social platforms. Bank will also soon launch its Wallet based payment App.”