In a bid to cash on the opportunities in the cashless payment space, private sector lender ICICI Bank has launched the mobile app ‘Eazypay’ to enable customers — merchants, retailers and professionals — accept instant cashless payments on their mobile phones from their customers through multiple digital modes, media reports said.
“Any current account holder of ICICI Bank can instantly download Eazypay app and start using it. A non-customer of ICICI Bank can also use the app after opening a current account with the bank,” ICICI Bank said in a statement.
According to the bank, Eazypay is a first-of-its-kind application offering customers the improved facility of paying by using their mobile phones through Unified Payment Interface (UPI), any credit or debit card or Internet banking.
Eazypay is available on Android mobile phones and will soon be available on iOS smartphones as well.
“It is also possible to collect money for home delivery of goods/services, telesales and payment-on-delivery options by e-commerce companies where the buyer and the seller are not physically present at the same location,” ICICI Bank said.
This secured app enables transfer of money collected directly to the current account of the merchants and professionals.