 Corporation Bank & LIC ties-up with PayMatePublished on Mon, May 12, 2008 at 19:26 | Source : Moneycontrol.com Updated at Tue, May 13, 2008 at 11:32 8957 Investors following Corporation Ban. Share this News with them.
LIC & Corporation Bank today announced their alliance with PayMate to enable SMS-based insurance premium payments for its customers in an easy, efficient and secure way. Corporation Bank customers with LIC insurance policies can avail this service by getting registered with PayMate. The payment happens in 2 simple steps as follows:
Mr. Bhatt, Corporation Bank, said, "This partnership has created a win-win situation for us as well as our customers. It is our constant endeavor to provide value-added services to our customers. We are pleased with this association, as almost 2 million Corporation Bank customers with LIC insurance policies will benefit from this initiative." Mr. Ajay Adiseshann, Founder & Managing Director, PayMate said, "It has been a great alliance for PayMate with Corporation Bank & LIC to provide their customers with a trouble-free and convenient way of making insurance premium payments via SMS. This will enable Corporation Bank and LIC customers to utilize mobile technology to ease the burden of making regular payments. With such alliances we definitely create win-win situations for all our partners."
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