CURRENT AFFAIRS

Detailed explanation-1: -ICICI Bank | ICICI Bank introduces ‘iMobile SmartKeys’, Asia’s first payment service using a smartphone keyboard.

Detailed explanation-2: -Mumbai: ICICI Bank today announced that it has transformed its state-of-the-art mobile banking app, iMobile, into an app that offers payments and banking services to customers of any bank.

Detailed explanation-3: -Notes: ICICI Bank has recently launched a new mobile banking application named ‘iMobile Pay’, which can offer payments and banking services to customers of any bank. Through the app, customers can pay to any UPI (Unified Payments Interface) ID or merchants, pay bills and do online recharges among others.

Detailed explanation-4: -In the year 2008, ICICI Bank was the first bank in India to launch mobile banking. Almost every bank has since followed suit. The HDFC Bank is one of India’s largest private sector banks. Its mobile banking app allows customers to view account transactions, transfer funds quickly, and make credit card payments quickly.

Detailed explanation-5: -ICICI Bank launched the country’s first contactless mobile payment solution to enable its credit and debit customers to make in-store contactless payments by just waving their smartphones near an NFC-enabled merchant terminal.