ICICI launches ‘Pockets’ digital banking service


CardICICI Bank has launched ‘Pockets’, a digital banking service, enabling users to instantly send money to any e-mail id, mobile number, friends on Facebook and bank account.

Anyone, including those who are not customers of ICICI Bank, can avail this facility by downloading the e-wallet from Google Playstore. The users can fund the e-wallet from any bank account in the country and start transacting immediately.

“This wallet uses a virtual VISA card which enables the users to transact on any website or mobile application in India, it said, adding that customers can also request for a physical card to use it at any retail outlet,” ICICI said in a statement. “The universal wallet and the savings account are the first two products to be launched as part of the ‘Pockets’ digital bank.”

Users can choose to add a zero-balance savings account to the wallet, which will allow them to earn interest on their idle money.