ING Vysya Bank (ING) has signed a memorandum of understanding with state-owned Oriental Insurance Corporation (OIC) for offering ePayment services through all its branches across India.
Oriental has selected ING Vysya Bank's state-of-the-art payment platform ING P@y, after the general insurer initiated e-payments as a mode of payment to its customers, ING said in a statement. Early this month, ING Vysya Bank had signed a similar MoU with state-owned Life Insurance Corporation of India.
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