Private sector investor “ICICI Bank” unveiled the new mobile app “Eazypay” that enables retailers, merchants and professionals to accept direct cashless payments on mobile phones from their customers through multiple digital platforms.
A first-of-its kind mobile app, Eazypay offers customers the upgraded convenience of paying by using their mobile phone through Unified Payment Interface (UPI), using any debit or credit card or Internet banking options.
Currently, the app is only available for smartphones with Android OS, but soon it will be also available for smartphones running iOS OS.
The app will enabled to collect money for tele-sales, home delivery of goods/services, and payment-on-delivery options by e-commerce companies where the seller and the buyer are not physically present at the same location.
Counting on unique features, for UPI based payments, the seller can get an invoice in the app by just entering the amount, selecting the preferred mode of payment by the buyer along with the buyer’s mobile number or Virtual Payment Address (VPA).
Thereafter, upon getting a notification on SMS, the buyer can simply enter his/her details to pay through credit or debit card or net banking or pockets.
For payment using UPI, the buyer can pay either by directly paying through their VPA or scanning a Quick Response (QR) code displayed on the sellers phone.
The secured app enable consumers to transfer money collected directly to the current account of the merchants and professionals.
ICICI Bank launches Mobile Application Eazypay for Prompt Cashless Payments
