The internet has transformed the world, and the banking sector is no exception. Before, banking was considered boring, time-consuming, and full of hassles. With the introduction of the internet, banking has become easier than ever and can be done in minutes. You need a working smartphone and a secure internet connection to experience the best of the banking world at your fingertips.
Payments and money transfers are the two most common financial transactions you carry out daily. Leading banks have curated an online payment app to simplify payments and money transfers. It is an all-in-one payment app that lets you send money, pay bills, recharge, and avail of a range of financial services.
You can find the payment app by searching for it on the app store or following the link provided on the bank’s website. Enter your mobile number and fulfil the KYC requirements to use the app. The following pointers make you familiar with the online payment app’s account management features:
KYC status
KYC status is the first thing you can see under the account management. There are two types of KYC requirements to fulfil: basic and bank based. Enter your Aadhaar/ PAN number to meet the basic KYC requirement. Also, provide your Bank Account or Debit Card details to fulfil the bank-based KYC requirement. Fulfil the KYC requirement to earn more benefits.
Accounts and cards
Consider linking your Bank Account or Debit or Credit Card to the online payment app to make money transfers and payments on the go. Enter your Bank Account number to link it. Enter your name, card number, expiry date, and CVV to link your Debit or Credit Card. You can also use the payment app’s prepaid wallet to make payments and transactions.
Passbooks
You can check your financial transaction history by clicking on passbook under the account management tab. Select the month for which you would like to view your transaction history. You can also use the filter tool to view transactions history matching your criteria. This makes it easier to track finances.
App settings and info
Following are the various things included under the app setting and info tab:
- App lock setting – You need to set an app lock to ensure the app’s security. You can use your device lock or set a custom passcode for the app.
- Notification setting – You receive promotional notifications from the bank by enabling this feature.
- Privacy policy – Read the privacy policy thoroughly before using the app.
- App version – Ensure you use the latest version of the app to enjoy best app features, banking products, and services.
Help centre
In case of queries or issues, head to the app’s help centre. For instance, how can I check my Insurance premium payment status? The help centre offers solutions.
