Sep 26, 2016 10:29 PM IST IST | Source: PTI

DCB Bank launches DCB UPI mobile app

DCB Bank today said it has launched an Unified Payment Interface (UPI) application to enhance banking experience for customers.

DCB Bank today said it has launched an Unified Payment Interface (UPI) application to enhance banking experience for customers.

"With this, the emerging new-generation private sector bank has added yet another smart technology to its portfolio of products," a cpmpany statement said.

The DCB UPI app provides a convenient payment method for customers to send and receive funds anytime, anywhere, from the comfort of their Android smart phones, it said.

Murali Natrajan, MD & CEO, DCB Bank said: "In the coming months, UPI is likely to create a significant change in the way transactions are done, especially peer-to-peer transactions, known as P2P. A very important and powerful feature of UPI is the ability to send a 'collect' request, which did not exist in the industry." 

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