Moneycontrol
Sep 26, 2016 10:29 PM 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.

 
 
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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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