Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts
Sunday, February 22, 2015
Bank through Twitter
Tweet tweet look at this little birdie how Twitter is been used in India. The ICICI Bank is enabling smartphone users to make money transfers, top up phone credit and monitor their balance all via Twitter. Customers do not have to bank with ICICI, they simply need to follow the bank’s Twitter handle @icicibank.
To make a payment through the service — called icicibankpay — senders create a voucher by sending ICICI bank a direct message containing the recipient’s account name and the amount they wish to transfer. This will create a four digit passcode which the sender then shares with the receiver. The receiver can then use this code to authenticate the payment and receive their funds.
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